Modeling and computation of mean field equilibria in producers' game with emission permits trading

DOI10.1016/j.cnsns.2016.01.020zbMath1473.91002arXiv1506.04869OpenAlexW2963684170MaRDI QIDQ2198892

Aleksandr Shanain, Shuhua Zhang, Xin Yu Wang

Publication date: 15 September 2020

Published in: Communications in Nonlinear Science and Numerical Simulation (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1506.04869

zbMATH Keywords

equilibrium statesmean field gamesfitted finite volume methodemission permits tradingproducers' behaviors

Mathematics Subject Classification ID

PDEs in connection with game theory, economics, social and behavioral sciences (35Q91) Finite volume methods for boundary value problems involving PDEs (65N08) Mean field games (aspects of game theory) (91A16)

Related Items (12)

Mean field models to regulate carbon emissions in electricity production ⋮ Modeling and computation of mean field game with compound carbon abatement mechanisms ⋮ Modelling and computing the peaks of carbon emission with balanced growth ⋮ Behavior choice and emission reduction in a dynamic supply chain with a capital-constrained retailer ⋮ Modeling and computation of water management by real options ⋮ Optimal abatement and emission permit trading policies in a dynamic transboundary pollution game ⋮ Analysis of Finite Difference Approximations of an Optimal Control Problem in Economics ⋮ The finite difference approximation preserving conjugate properties of the mean-field game equations ⋮ Numerical study of the stock market crises based on mean field games approach ⋮ Myopic versus farsighted behaviors in a low-carbon supply chain with reference emission effects ⋮ Approximations of two-dimensional mean field games with nonsymmetric controls ⋮ Optimal control for unknown mean-field discrete-time system based on Q-Learning

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