Mean Field Games with Singular Controls
Optimization and Control
2017-08-04 v3
Abstract
This paper establishes the existence of relaxed solutions to mean field games (MFGs for short) with singular controls. We also prove approximations of solutions results for a particular class of MFGs with singular controls by solutions, respectively control rules, for MFGs with purely regular controls. Our existence and approximation results strongly hinge on the use of the Skorokhod topology on the space of c\`adl\`ag functions.
Keywords
Cite
@article{arxiv.1612.05425,
title = {Mean Field Games with Singular Controls},
author = {Guanxing Fu and Ulrich Horst},
journal= {arXiv preprint arXiv:1612.05425},
year = {2017}
}
Comments
33 pages