Multiscale Control of Stackelberg Games
Optimization and Control
2020-11-09 v1 Theoretical Economics
Dynamical Systems
Abstract
We present a linear--quadratic Stackelberg game with a large number of followers and we also derive the mean field limit of infinitely many followers. The relation between optimization and mean-field limit is studied and conditions for consistency are established. Finally, we propose a numerical method based on the derived models and present numerical results.
Cite
@article{arxiv.2011.03405,
title = {Multiscale Control of Stackelberg Games},
author = {Michael Herty and Sonja Steffensen and Anna Thünen},
journal= {arXiv preprint arXiv:2011.03405},
year = {2020}
}