Publications [#246863] of Jian-Guo Liu

Papers Published
  1. Degond, P; Liu, J-G; Ringhofer, C, Large-Scale Dynamics of Mean-Field Games Driven by Local Nash Equilibria, Journal of Nonlinear Science, vol. 24 no. 1 (2013), pp. 1-23 [doi] .

    Abstract:
    We introduce a new mean field kinetic model for systems of rational agents interacting in a game-theoretical framework. This model is inspired from non-cooperative anonymous games with a continuum of players and Mean-Field Games. The large time behavior of the system is given by a macroscopic closure with a Nash equilibrium serving as the local thermodynamic equilibrium. An application of the presented theory to a social model (herding behavior) is discussed. © 2013 Springer Science+Business Media New York.