pith. sign in

arxiv: 1611.08161 · v2 · pith:IXIE5CYKnew · submitted 2016-11-24 · 🧮 math.AP

One-dimensional stationary mean-field games with local coupling

classification 🧮 math.AP
keywords assumptionsolutionscouplingequationmean-fieldmfgsmonotonicallyone-dimensional
0
0 comments X
read the original abstract

A standard assumption in mean-field game (MFG) theory is that the coupling between the Hamilton-Jacobi equation and the transport equation is monotonically non-decreasing in the density of the population. In many cases, this assumption implies the existence and uniqueness of solutions. Here, we drop that assumption and construct explicit solutions for one-dimensional MFGs. These solutions exhibit phenomena not present in monotonically increasing MFGs: low-regularity, non-uniqueness, and the formation of regions with no agents.

This paper has not been read by Pith yet.

discussion (0)

Sign in with ORCID, Apple, or X to comment. Anyone can read and Pith papers without signing in.