Mean Field Games and Mean Field Type Control Theory

• Main Authors: Bensoussan, Alain (Author), Frehse, Jens (Author), Yam, Phillip (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: New York, NY : Springer New York : Imprint: Springer, 2013.
• Series: SpringerBriefs in Mathematics,
• Subjects: Mathematics.; Partial differential equations.; System theory.; Probabilities.; Systems Theory, Control.; Probability Theory and Stochastic Processes.; Partial Differential Equations.

Mean field games and Mean field type control introduce new problems in Control Theory. The terminology “games” may be confusing. In fact they are control problems, in the sense that one is interested in a single decision maker, whom we can call the representative agent. However, these problems are n...