A Maximum Principle Approach to a Deterministic Mean Field Game of Control with Absorption

DOI10.1137/21M1412451zbMath1503.91027arXiv2104.06152MaRDI QIDQ5045004

Ronnie Sircar, Ulrich Horst, Paulwin Graewe

Publication date: 3 November 2022

Published in: SIAM Journal on Control and Optimization (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/2104.06152

zbMATH Keywords

maximum principle; stochastic control; optimal exploitation; mean field game

Mathematics Subject Classification ID

93E20: Optimal stochastic control

91B76: Environmental economics (natural resource models, harvesting, pollution, etc.)

91A16: Mean field games (aspects of game theory)

Related Items

Master equation for Cournot mean field games of control with absorption

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