Strategic advantages in mean field games with a major player

2020/02/10 by Bertucci, Charles, Lasry, Jean-Michel, Lions, Pierre-Louis · 2 citations
#Analysis of PDEs (math.AP) #FOS: Mathematics

paper · doi:10.48550/arxiv.2002.07034

Abstract

This note is concerned with a modeling question arising from the mean field games theory. We show how to model mean field games involving a major player which has a strategic advantage, while only allowing closed loop markovian strategies for all the players. We illustrate this property through three examples.

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