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math.OC2021★ 1 cited
A mean field game model of firm--level innovation
Matt Barker, Pierre Degond, Ralf Martin +1
Knowledge spillovers occur when a firm researches a new technology and that technology is adapted or adopted by another firm, resulting in a social value of the technology that is…
math.OC2019★ 2 cited
Comparing the best reply strategy and mean field games: the stationary case
Matt Barker, Pierre Degond, Marie-Therese Wolfram
Mean field games (MFGs) and the best reply strategy (BRS) are two methods of describing competitive optimisation of systems of interacting agents. The latter can be interpreted as…