Some Remarks on the Asymptotic Behavior of Mean Field Games of Controls

Abstract

We analyze the asymptotic behavior of several mean field games of controls. First, in the time-dependent case, we examine the behavior of solutions to discounted mean field games of controls as the discount factor $\lambda$ tends to infinity. Next, we study three stationary models of mean field games of controls, finding that solutions to the first-order discounted problem and the second-order ergodic problem can be obtained from solutions to the second-order discounted problem by taking $\nu \to 0$ and $\lambda \to 0$, respectively. Finally, we investigate the long-time average behavior of solutions to the time-dependent system with no discount, finding that solutions converge to the solution to the second-order ergodic problem as $T\to \infty$.