2 papers
math.OC2020
Multiscale Control of Stackelberg Games
Michael Herty, Sonja Steffensen, Anna Thünen
We present a linear--quadratic Stackelberg game with a large number of followers and we also derive the mean field limit of infinitely many followers. The relation between optimiza…
math.OC2018
Solving Quadratic Multi-Leader-Follower Games by Smoothing the Follower's Best Response
Michael Herty, Sonja Steffensen, Anna Thünen
We derive Nash equilibria for a class of quadratic multi-leader-follower games using the nonsmooth best response function. To overcome the challenge of nonsmoothness, we pursue a s…