2014

Meanfield games and model predictive control

Degond, Pierre, Herty, Michael, Liu, Jian-Guo

Understand

Mean-Field Games are games with a continuum of players that incorporate the time-dimension through a control-theoretic approach.

  • Recently, simpler approaches relying on the Best Reply Strategy have been proposed.
  • They assume that the agents navigate their strategies towards their goal by taking the direction of steepest descent of their cost function (i.e.
  • the opposite of the utility function).

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