An example of multiple mean field limits in ergodic differential games

DOI10.1007/S00030-020-00628-WMaRDI QIDQ2179108zbMATH OpenOpenAlexFDO

Authors Pierre Cardaliaguet, Catherine Rainer

Publication date 12 May 2020

Published in NoDEA. Nonlinear Differential Equations and Applications (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/1907.09785

zbMATH Keywords

differential gamesergodic controlfolk theoremmean field games

Mathematics Subject Classification ID

Mean field games (aspects of game theory) (91A16) Multistage and repeated games (91A20) Differential games (aspects of game theory) (91A23)

Abstract: We present an example of symmetric ergodic $N$-players differential games, played in memory strategies on the position of the players, for which the limit set, as $No+infty$, of Nash equilibrium payoffs is large, although the game has a single mean field game equilibrium. This example is in sharp contrast with a result by Lacker [23] for finite horizon problems.

Recommendations

• Differential N-players game: Nash equilibria and Mather measures
• On the connection between symmetric \(N\)-player games and mean field games
• A general characterization of the mean field limit for stochastic differential games
• On solutions of mean field games with ergodic cost
• Mean field games. I: The stationary case

Cites work

• \(N\)-player games and mean-field games with absorption
• A general characterization of the mean field limit for stochastic differential games
• A Mean Field Game of Optimal Stopping
• Analysis of a Finite State Many Player Game Using Its Master Equation
• Convergence, fluctuations and large deviations for finite state mean field games via the master equation
• Duality theory, representation formulas and uniqueness results for viscosity solutions of Hamilton-Jacobi equations
• From the master equation to mean field game limit theory: a central limit theorem
• Large population stochastic dynamic games: closed-loop McKean-Vlasov systems and the Nash certainty equivalence principle
• Long time behavior of the master equation in mean field game theory
• Mean field games
• Mean field games and mean field type control theory
• Nash Equilibrium Payoffs for Nonzero-Sum Stochastic Differential Games
• On solutions of mean field games with ergodic cost
• On the (in)efficiency of MFG equilibria
• On the connection between symmetric \(N\)-player games and mean field games
• On the convergence of closed-loop Nash equilibria to the mean field game limit
• On the Convergence Problem in Mean Field Games: A Two State Model without Uniqueness
• Probabilistic theory of mean field games with applications I. Mean field FBSDEs, control, and games
• The convergence problem in mean field games with local coupling
• The derivation of ergodic mean field game equations for several populations of players
• The Master Equation and the Convergence Problem in Mean Field Games

Cited in

(8)

• Solvability of infinite horizon McKean-Vlasov FBSDEs in mean field control problems and games
• The Dyson and Coulomb games
• Mean-field limit for a class of stochastic ergodic control problems
• Optimal policies for convex symmetric stochastic dynamic teams and their mean-field limit
• Closed-loop convergence for mean field games with common noise
• Large population games with interactions through controls and common noise: convergence results and equivalence between open-loop and closed-loop controls
• Differential N-players game: Nash equilibria and Mather measures
• Propagation of chaos of forward-backward stochastic differential equations with graphon interactions

This page was built for publication: An example of multiple mean field limits in ergodic differential games

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2179108)