10,565 research outputs found
Mean Field Games models of segregation
This paper introduces and analyses some models in the framework of Mean Field
Games describing interactions between two populations motivated by the studies
on urban settlements and residential choice by Thomas Schelling. For static
games, a large population limit is proved. For differential games with noise,
the existence of solutions is established for the systems of partial
differential equations of Mean Field Game theory, in the stationary and in the
evolutive case. Numerical methods are proposed, with several simulations. In
the examples and in the numerical results, particular emphasis is put on the
phenomenon of segregation between the populations.Comment: 35 pages, 10 figure
Linear-Quadratic -person and Mean-Field Games with Ergodic Cost
We consider stochastic differential games with players, linear-Gaussian
dynamics in arbitrary state-space dimension, and long-time-average cost with
quadratic running cost. Admissible controls are feedbacks for which the system
is ergodic. We first study the existence of affine Nash equilibria by means of
an associated system of Hamilton-Jacobi-Bellman and
Kolmogorov-Fokker-Planck partial differential equations. We give necessary and
sufficient conditions for the existence and uniqueness of quadratic-Gaussian
solutions in terms of the solvability of suitable algebraic Riccati and
Sylvester equations. Under a symmetry condition on the running costs and for
nearly identical players we study the large population limit, tending to
infinity, and find a unique quadratic-Gaussian solution of the pair of Mean
Field Game HJB-KFP equations. Examples of explicit solutions are given, in
particular for consensus problems.Comment: 31 page
On the existence of oscillating solutions in non-monotone Mean-Field Games
For non-monotone single and two-populations time-dependent Mean-Field Game
systems we obtain the existence of an infinite number of branches of
non-trivial solutions. These non-trivial solutions are in particular shown to
exhibit an oscillatory behaviour when they are close to the trivial (constant)
one. The existence of such branches is derived using local and global
bifurcation methods, that rely on the analysis of eigenfunction expansions of
solutions to the associated linearized problem. Numerical analysis is performed
on two different models to observe the oscillatory behaviour of solutions
predicted by bifurcation theory, and to study further properties of branches
far away from bifurcation points.Comment: 24 pages, 10 figure
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