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The Convergence Problem in Mean Field Games with Neumann Boundary Conditions

2022/03/15 by Michele Ricciardi, Ricciardi, Michele
Economics, Econometrics and Finance · #Stochastic processes and financial applications #Economic theories and models

paper · pdf · doi:10.48550/arxiv.2203.07882

Abstract

In this article we study the convergence of the Nash Equilibria in a N-player differential game towards the optimal strategies in the Mean Field Games, when the dynamic of the generic player includes a reflection process which guarantees the invariance of the state space. The well-posedness of the Master Equation allows us to use its solution U in order to construct finite dimensional projections, which will converge, in some suitable spaces, to the solution of the Nash system.

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