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In this paper we formulate the now classical problem of optimal liquidation (or optimal trading) inside a Mean Field Game (MFG). This is a noticeable change since usually mathematical frameworks focus on one large trader in front of a…

Trading and Market Microstructure · Quantitative Finance 2017-09-22 Pierre Cardaliaguet , Charles-Albert Lehalle

This paper studies mean field games for multi-agent systems with control-dependent multiplicative noises. For the general systems with nonuniform agents, we obtain a set of decentralized strategies by solving an auxiliary limiting optimal…

Optimization and Control · Mathematics 2019-06-10 Bing-Chang Wang , Yuan-Hua Ni , Huanshui Zhang

Mean Field Games provide a powerful framework to analyze the dynamics of a large number of controlled agents in interaction. Here we consider such systems when the interactions between agents result in a negative coordination and analyze…

Physics and Society · Physics 2020-10-28 Thibault Bonnemain , Thierry Gobron , Denis Ullmo

This paper presents a Mean Field Game (MFG) model for maritime traffic flow, treating the navigation of ships between seaports as a large-scale stochastic control problem. The MFG framework enables the modeling of agents at a microscopic…

Optimization and Control · Mathematics 2025-12-02 Charles-Albert Lehalle , Giulia Livieri

This paper establishes an equilibrium existence result for a class of Mean Field Games involving Reflected Stochastic Differential Equations. The proof relies on the framework of relaxed controls and martingale problems.

Probability · Mathematics 2026-03-09 Imane Jarni , Ayoub Laayoun , Badr Missaoui

Viscous streaming has emerged as an effective method to transport, trap, and cluster inertial particles in a fluid. Previous work has shown that this transport is well described by the Maxey-Riley equation augmented with a term representing…

Fluid Dynamics · Physics 2020-08-26 Mathieu Le Provost , Jeff D. Eldredge

This paper investigates a multidimensional non-homogeneous stochastic linear-quadratic optimal control problem featuring random coefficients and a terminal mean-field term in the cost functional, enabling its direct application to…

Optimization and Control · Mathematics 2026-05-27 Guojiang Shao , Zuo Quan Xu , Qi Zhang

We study the thermodynamic cost associated with driving systems between different non-equilibrium steady states. In particular, we combine a linear-response framework for non-equilibrium Markov systems with Lagrangian techniques to minimize…

Statistical Mechanics · Physics 2025-06-18 Dana Kamp , Karel Proesmans

We present here a constructive method of Lagrangian approximate control- lability for the Euler equation. We emphasize on different options that could be used for numerical recipes: either, in the case of a bi-dimensionnal fluid, the use of…

Optimization and Control · Mathematics 2016-06-01 T. Horsin , O. Kavian

We develop the fictitious play algorithm in the context of the linear programming approach for mean field games of optimal stopping and mean field games with regular control and absorption. This algorithm allows to approximate the mean…

Optimization and Control · Mathematics 2023-01-25 Roxana Dumitrescu , Marcos Leutscher , Peter Tankov

We propose a mean-field optimal control problem for the parameter identification of a given pattern. The cost functional is based on the Wasserstein distance between the probability measures of the modeled and the desired patterns. The…

Optimization and Control · Mathematics 2021-04-08 Martin Burger , Lisa Maria Kreusser , Claudia Totzeck

The policy iteration method is a classical algorithm for solving optimal control problems. In this paper, we introduce a policy iteration method for Mean Field Games systems, and we study the convergence of this procedure to a solution of…

Analysis of PDEs · Mathematics 2021-07-12 Simone Cacace , Fabio Camilli , Alessandro Goffi

The risk-neutral LQR controller is optimal for stochastic linear dynamical systems. However, the classical optimal controller performs inefficiently in the presence of low-probability yet statistically significant (risky) events. The…

Systems and Control · Electrical Eng. & Systems 2023-07-17 Masoud Roudneshin , Saba Sanami , Amir G. Aghdam

This paper develops a linear programming approach for mean field games with reflected jump-diffusion dynamics. We first prove the equivalence between the mean field equilibria in the linear programming formulation and those in the weak…

Optimization and Control · Mathematics 2025-11-14 Zongxia Liang , Xiang Yu , Keyu Zhang

In this paper we formulate and solve a mean-field game described by a linear stochastic dynamics and a quadratic or exponential-quadratic cost functional for each generic player. The optimal strategies for the players are given explicitly…

Optimization and Control · Mathematics 2014-12-02 Djehiche Boualem , Tembine Hamidou

Patterns arise spontaneously in a range of systems spanning the sciences, and their study typically focuses on mechanisms to understand their evolution in space-time. Increasingly, there has been a transition towards controlling these…

Soft Condensed Matter · Physics 2024-10-17 Vishaal Krishnan , Sumit Sinha , L. Mahadevan

The Lagrangian properties of the velocity field in a magnetized fluid are studied using three-dimensional simulations of a helical magnetohydrodynamic dynamo. We compute the attracting and repelling Lagrangian coherent structures, which are…

Solar and Stellar Astrophysics · Physics 2012-07-10 Erico L. Rempel , Abraham C. -L. Chian , Axel Brandenburg

We consider an optimal control problem where the average welfare of weakly interacting agents is of interest. We examine the mean-field control problem as the fluid approximation of the N-agent control problem with the setup of finite-state…

Optimization and Control · Mathematics 2024-02-13 Jingruo Sun

We introduce a class of robust control problems formulated in min-max form, in which the principal agent is viewed as a central planner facing Nature. The agent's cost is a nonlinear function of all its possible realizations, encompassing…

Optimization and Control · Mathematics 2026-04-24 François Delarue , Pierre Lavigne

We propose a defiltering method of turbulent flow fields for Lagrangian particle tracking using machine learning techniques. Numerical simulation of Lagrangian particle tracking is commonly used in various fields. In general, practical…

Fluid Dynamics · Physics 2024-11-21 Tomoya Oura , Koji Fukagata
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