Mean field game model of corruption
Optimization and Control
2022-05-03 v1
Abstract
A simple model of corruption that takes into account the effect of the interaction of a large number of agents by both rational decision making and myopic behavior is developed. Its stationary version turns out to be a rare example of an exactly solvable model of mean-field-game type. The results show clearly how the presence of interaction (including social norms) influences the spread of corruption.
Keywords
Cite
@article{arxiv.1507.03240,
title = {Mean field game model of corruption},
author = {Vassili N. Kolokoltsov and Oleg A. Malafeyev},
journal= {arXiv preprint arXiv:1507.03240},
year = {2022}
}