38 citations · 80 across the 3 of their papers we have counts for
3 papers
Evolution of wealth in a nonconservative economy driven by local Nash equilibria
Pierre Degond, Jian-Guo Liu, Christian Ringhofer
We develop a model for the evolution of wealth in a non-conservative economic environment, extending a theory developed earlier by the authors. The model considers a system of rati…
Evolution of the distribution of wealth in an economic environment driven by local Nash equilibria
Pierre Degond, Jian-Guo Liu, Christian Ringhofer
We present and analyze a model for the evolution of the wealth distribution within a heterogeneous economic environment. The model considers a system of rational agents interacting…
A Nash equilibrium macroscopic closure for kinetic models coupled with Mean-Field Games
Pierre Degond, Jian-Guo Liu, Christian Ringhofer
We introduce a new mean field kinetic model for systems of rational agents interacting in a game theoretical framework. This model is inspired from non-cooperative anonymous games…