2 papers
math.OC2022
Approximating Nash Equilibrium for Production Control with Sticky Price
Chunmei Jiang, Tongqing Li, Jie Yu
We study a mean field game problem arising from the production control for multiple firms with price stickiness in the commodity market. The price dynamics for each firm is describ…
math.OC2021
Centralized systemic risk control in the interbank system: Weak formulation and Gamma-convergence
Lijun Bo, Tongqing Li, Xiang Yu
This paper studies a systemic risk control problem by the central bank, which dynamically plans monetary supply to stabilize the interbank system with borrowing and lending activit…