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math.AP2021
Master Equation for Cournot Mean Field Games of Control with Absorption
P. Jameson Graber, Ronnie Sircar
We establish the existence and uniqueness of a solution to the master equation for a mean field game of controls with absorption. The mean field game arises as a continuum limit of…
math.AP2021
Parameter sensitivity analysis for mean field games of production
P. Jameson Graber, Marcus Laurel
We study a mean field game system introduced by Chan and Sircar (AMO, 2015) to model production of an exhaustible resource. In particular, we study the sensitivity of the solution…