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math.OC2025

Markov Perfect Equilibria in Discrete Finite-Player and Mean-Field Games

Felix Höfer, H. Mete Soner, Atilla Yılmaz

We study dynamic finite-player and mean-field stochastic games within the framework of Markov perfect equilibria (MPE). Our focus is on discrete time and space structures without m…

math.OC2025

Iterative Schemes for Markov Perfect Equilibria

Felix Höfer, Mathieu Laurière, H. Mete Soner +1

We study Markov perfect equilibria in continuous-time dynamic games with finitely many symmetric players. The corresponding Nash system reduces to the Nash-Lasry-Lions equation for…

math.OC2025

Optimal Control and Potential Games in the Mean Field

Felix Höfer, H. Mete Soner

We study a mean field optimal control problem with general non-Markovian dynamics, including both common noise and jumps. We show that its minimizers are Nash equilibria of an asso…

math.OC2025

Mean Field Games of Control and Cryptocurrency Mining

Nicolas Garcia, Ronnie Sircar, H. Mete Soner

This paper studies Mean Field Games (MFGs) in which agent dynamics are given by jump processes of controlled intensity, with mean-field interaction via the controls and affecting t…

math.OC2025

Learning algorithms for mean field optimal control

H. Mete Soner, Josef Teichmann, Qinxin Yan

We analyze an algorithm to numerically solve the mean-field optimal control problems by approximating the optimal feedback controls using neural networks with problem specific arch…

math.OC2024

Controlled Occupied Processes and Viscosity Solutions

H. Mete Soner, Valentin Tissot-Daguette, Jianfeng Zhang

We consider the optimal control of occupied processes which record all positions of the state process. Dynamic programming yields nonlinear equations on the space of positive measu…