19 citations · 21 across the 7 of their papers we have counts for
8 papers
An Irreversible Investment Problem with Incomplete Information about Profitability
Fabian Gierens, Berenice Anne Neumann
We analyze an irreversible investment decision for a project which yields a flow of future operating profits given by a geometric Brownian motion with unknown drift. In contrast to…
Finite State Mean Field Games with Common Shocks
Berenice Anne Neumann, Frank T. Seifried
We present a novel framework for mean field games with finite state space and common noise, where the common noise is given through shocks that occur at random times. We first anal…
Markovian randomized equilibria for general Markovian Dynkin games in discrete time
Sören Christensen, Kristoffer Lindensjö, Berenice Anne Neumann
We study a general formulation of the classical two-player Dynkin game in a discrete time Markovian setting. We identify an appropriate class of mixed strategies -- \textit{Markovi…
Characterization of transport optimizers via graphs and applications to Stackelberg-Cournot-Nash equilibria
Beatrice Acciaio, Berenice Anne Neumann
We introduce graphs associated to transport problems between discrete marginals, that allow to characterize the set of all optimizers given one primal optimizer. In particular, we…
Competition versus Cooperation: A class of solvable mean field impulse control problems
Sören Christensen, Berenice Anne Neumann, Tobias Sohr
We discuss a class of explicitly solvable mean field type control problems/mean field games with a clear economic interpretation. More precisely, we consider long term average impu…
A Myopic Adjustment Process for Mean Field Games with Finite State and Action Space
Berenice Anne Neumann
In this paper, we introduce a natural learning rule for mean field games with finite state and action space, the so-called myopic adjustment process. The main motivation for these…
Nonlinear Markov Chains with Finite State Space: Invariant Distributions and Long-Term Behaviour
Berenice Anne Neumann
Nonlinear Markov chains with finite state space have been introduced in Kolokoltsov (2010). The characteristic property of these processes is that the transition probabilities do n…
Stationary Equilibria of Mean Field Games with Finite State and Action Space
Berenice Anne Neumann
Mean field games formalize dynamic games with a continuum of players and explicit interaction where the players can have heterogeneous states. As they additionally yield approximat…