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math.OC2023
On Time-Inconsistency in Mean Field Games
Erhan Bayraktar, Zhenhua Wang
We investigate an infinite-horizon time-inconsistent mean-field game (MFG) in a discrete time setting. We first present a classic equilibrium for the MFG and its associated existen…
math.OC2023
Infinite Horizon Average Cost Optimality Criteria for Mean-Field Control
Erhan Bayraktar, Ali D. Kara
We study mean-field control problems in discrete-time under the infinite horizon average cost optimality criteria. We focus on both the finite population and the infinite populatio…