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arXiv · 2002.07034

Strategic advantages in mean field games with a major player

Charles Bertucci·Jean-Michel Lasry·Pierre-Louis Lions
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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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Charles Bertucci, Jean-Michel Lasry, Pierre-Louis Lions. 2020-02-10. Strategic advantages in mean field games with a major player. https://arxiv.org/abs/2002.07034

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