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- W4292440111 abstract "Mean-field games have been studied under the assumption of very large number of players. For such large systems, the basic idea consists to approximate large games by a stylized game model with a continuum of players. The approach has been shown to be useful in some applications. However, the stylized game model with continuum of decision-makers is rarely observed in practice and the approximation proposed in the asymptotic regime is meaningless for networks with few entities. In this paper we propose a mean-field framework that is suitable not only for large systems but also for a small world with few number of entities. The applicability of the proposed framework is illustrated through various examples including dynamic auction with asymmetric valuation distributions, and spiteful bidders." @default.
- W4292440111 created "2022-08-20" @default.
- W4292440111 creator A5073493112 @default.
- W4292440111 date "2014-04-05" @default.
- W4292440111 modified "2023-10-17" @default.
- W4292440111 title "Non-Asymptotic Mean-Field Games" @default.
- W4292440111 doi "https://doi.org/10.48550/arxiv.1404.1449" @default.
- W4292440111 hasPublicationYear "2014" @default.
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