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The objective of this work is to study the existence, uniqueness, and stability of equilibria in mean field games involving a major player and a continuum of minor players over finite intervals of arbitrary length. Following earlier…

Optimization and Control · Mathematics 2025-01-07 Francois Delarue , Chenchen Mou

In this paper we study a mean-field games system with Dirichlet boundary conditions in a closed domain and in a mean-field of control setting, that is in which the dynamics of each agent is affected not only by the average position of the…

Optimization and Control · Mathematics 2023-06-21 Mattia Bongini , Francesco Salvarani

In this paper, we consider Mean Field Games in the presence of common noise relaxing the usual independence assumption of individual random noise. We assume a simple linear model with terminal cost satisfying a convexity and a weak…

Probability · Mathematics 2016-07-05 Saran Ahuja

We discuss a class of linear control problems in a Hilbert space setting. This class encompasses such diverse systems as port-Hamiltonian systems, Maxwell's equations with boundary control or the acoustic equations with boundary control and…

Optimization and Control · Mathematics 2013-02-07 Rainer Picard , Sascha Trostorff , Marcus Waurick

We consider the convergence problem in the setting of mean field control with common noise and degenerate idiosyncratic noise. Our main results establish a rate of convergence of the finite-dimensional value functions $V^N$ towards the mean…

Optimization and Control · Mathematics 2025-01-22 Alekos Cecchin , Samuel Daudin , Joe Jackson , Mattia Martini

We consider the mean field game of cross--holding introduced in \citeauthor*{DjeteTouzi} \cite{DjeteTouzi} in the context where the equity value dynamics are affected by a common noise. In contrast with \cite{DjeteTouzi}, the problem…

Probability · Mathematics 2024-03-26 Leila Bassou , Mao Fabrice Djete , Nizar Touzi

In the presence of a common noise, we study the convergence problems in mean field game (MFG) and mean field control (MFC) problem where the cost function and the state dynamics depend upon the joint conditional distribution of the…

Probability · Mathematics 2023-08-29 Mao Fabrice Djete

This paper investigates an indefinite linear-quadratic partially observed mean-field game with common noise, incorporating both state-average and control-average effects. In our model, each agent's state is observed through both individual…

Optimization and Control · Mathematics 2025-08-05 Tian Chen , Tianyang Nie , Zhen Wu

This paper studies optimal control and stabilization problems for continuous-time mean-field systems with input delay, which are the fundamental development of control and stabilization problems for mean-field systems. There are two main…

Optimization and Control · Mathematics 2020-10-19 Xiao Ma , Qingyuan Qi , Xun Li , Huanshui Zhang

Motivated by mean-field games (MFG) with common noise on the one hand and pathwise stochastic control theory on the other, we formulate here a linear-quadratic (LQ) MFG with rough common noise, along with a satisfactory well-posedness…

Probability · Mathematics 2026-04-14 Peter K. Friz , Ioannis Gasteratos , Ulrich Horst , Stefanos Theodorakopoulos

We consider a typical problem in Mean Field Games: the congestion case, where in the cost that agents optimize there is a penalization for passing through zones with high density of agents, in a deterministic framework. This equilibrium…

Analysis of PDEs · Mathematics 2011-11-04 Filippo Santambrogio

This paper is concerned with the study of mean field games master equations involving an additional variable modelling common noise. We address cases in which the dynamics of this variable can depend on the state of the game, which requires…

Analysis of PDEs · Mathematics 2024-12-18 Charles Meynard , Charles Bertucci

In this paper, we show that the value functions of mean field control problems with common noise are the unique viscosity solutions to fully second-order Hamilton-Jacobi-Bellman equations, in a Crandall-Lions-like framework. We allow the…

Optimization and Control · Mathematics 2025-01-06 Erhan Bayraktar , Hang Cheung , Ibrahim Ekren , Jinniao Qiu , Ho Man Tai , Xin Zhang

In this paper, we study a large population game with heterogeneous dynamics and cost functions solving a consensus problem. Moreover, the agents have communication constraints which appear as: (1) an Additive-White Gaussian Noise (AWGN)…

Systems and Control · Electrical Eng. & Systems 2022-08-26 Shubham Aggarwal , Muhammad Aneeq uz Zaman , Tamer Başar

We analyze a fractional mean field game of controls system, showing existence of solutions when the order of the fractional Laplacian is $s\in(\frac{1}{2},1)$. Here the running cost depends on the distribution $\mu$ of not only the states…

Analysis of PDEs · Mathematics 2025-09-08 P. Jameson Graber , Elizabeth Matter , Jesus Ruiz Bolanos

We develop the theory of linear-quadratic (LQ) mean field games (MFGs) in Hilbert spaces with common noise modeled by an infinite-dimensional Wiener process that affects the dynamics of all agents. In the presence of common noise, the…

Optimization and Control · Mathematics 2026-05-28 Hanchao Liu , Dena Firoozi

We consider a mean field game describing the limit of a stochastic differential game of $N$-players whose state dynamics are subject to idiosyncratic and common noise and that can be absorbed when they hit a prescribed region of the state…

Probability · Mathematics 2022-05-25 Matteo Burzoni , Luciano Campi

We introduce the concept of {\it mean-field optimal control} which is the rigorous limit process connecting finite dimensional optimal control problems with ODE constraints modeling multi-agent interactions to an infinite dimensional…

Optimization and Control · Mathematics 2019-02-20 Massimo Fornasier , Francesco Solombrino

This paper represents the first attempt to develop a theory for linear-quadratic mean field games in possibly infinite dimensional Hilbert spaces. As a starting point, we study the case, considered in most finite dimensional contributions…

Optimization and Control · Mathematics 2025-02-04 Salvatore Federico , Fausto Gozzi , Daria Ghilli

We introduce a notion of weak solution of the master equation without idiosyncratic noise in Mean Field Game theory and establish its existence, uniqueness up to a constant and consistency with classical solutions when it is smooth. We work…

Analysis of PDEs · Mathematics 2021-10-01 Pierre Cardaliaguet , Panagiotis Souganidis