Bauso, D., Tembine, H. and Başar, T. (2012) Robust mean field games with application to production of an exhaustible resource. In: Robust Control Design. 7th IFAC Symposium on Robust Control Design, 2012 IFAC , 454 - 459. ISBN 9783902823038
Abstract
In this paper, we study mean field games under uncertainty. We consider a population of players with individual states driven by a standard Brownian motion and a disturbance term. The contribution is three-fold: First, we establish a mean field system for such robust games. Second, we apply the methodology to an exhaustible resource production. Third, we show that the dimension of the mean field system can be significantly reduced by considering a functional of the first moment of the mean field process. © 2012 IFAC.
Metadata
Item Type: | Proceedings Paper |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © IFAC 2012. |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Engineering (Sheffield) > Department of Automatic Control and Systems Engineering (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 05 Feb 2016 14:06 |
Last Modified: | 11 Mar 2016 06:53 |
Published Version: | http://dx.doi.org/10.3182/20120620-3-DK-2025.00135 |
Status: | Published |
Publisher: | IFAC |
Identification Number: | 10.3182/20120620-3-DK-2025.00135 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:89713 |