4 papers
Tractable Relaxations of Multivariate Stochastic Dominance via Optimal Transport and CVaR
Bar Light
Many operational decisions involve alternatives with several uncertain attributes. Stochastic dominance avoids committing to a single multivariate utility function, but one lower-s…
Computing and Learning Stationary Mean Field Equilibria with Scalar Interactions: Algorithms and Applications
Bar Light
Mean field equilibrium (MFE) has emerged as a computationally tractable solution concept for large dynamic games. However, computing MFE remains challenging due to nonlinearities a…
Equilibria under Dynamic Benchmark Consistency in Non-Stationary Multi-Agent Systems
Ludovico Crippa, Yonatan Gur, Bar Light
We formulate and study a general time-varying multi-agent system where players repeatedly compete under incomplete information. Our work is motivated by scenarios commonly observed…
Bounded Foresight Equilibrium in Large Dynamic Economies with Heterogeneous Agents and Aggregate Shocks
Bilal Islah, Bar Light
Large dynamic economies with heterogeneous agents and aggregate shocks are central to many important applications, yet their equilibrium analysis remains computationally challengin…