English

Correlated equilibria and mean field games: a simple model

Optimization and Control 2021-07-12 v2 Probability

Abstract

In the context of simple finite-state discrete time systems, we introduce a generalization of mean field game solution, called correlated solution, which can be seen as the mean field game analogue of a correlated equilibrium. Our notion of solution is justified in two ways: We prove that correlated solutions arise as limits of exchangeable correlated equilibria in restricted (Markov open-loop) strategies for the underlying NN-player games, and we show how to construct approximate NN-player correlated equilibria starting from a correlated solution to the mean field game.

Keywords

Cite

@article{arxiv.2004.06185,
  title  = {Correlated equilibria and mean field games: a simple model},
  author = {Luciano Campi and Markus Fischer},
  journal= {arXiv preprint arXiv:2004.06185},
  year   = {2021}
}
R2 v1 2026-06-23T14:49:58.844Z