The Master Equation and the Convergence Problem in Mean Field Games

by Pierre Cardaliaguet, Jean-Michel Lasry, Pierre-Louis Lions, et al.

Book Overview

This book describes the latest advances in the theory of mean field games, which are optimal control problems with a continuum of players, each of them interacting with the whole statistical distribution of a population. While it originated in economics, this theory now has applications in areas as diverse as mathematical finance, crowd phenomena, epidemiology, and cybersecurity.

Because mean field games concern the interactions of infinitely...

• Format: Hardcover
• Language: English
• ISBN: 0691190704
• ISBN13: 9780691190709
• Release Date: August 2019
• Publisher: Princeton University Press
• Length: 224 Pages
• Weight: 1.15 lbs.
• Dimensions: 0.8" x 6.3" x 9.4"