A mean field game approach to equilibrium consumption under external habit formation
DOI10.1016/j.spa.2024.104461MaRDI QIDQ6635671
Xiang Yu, Shihua Wang, Lijun Bo
Publication date: 12 November 2024
Published in: Stochastic Processes and their Applications (Search for Journal in Brave)
catching up with the Jonesesapproximate Nash equilibriumlinear habit formationmean field equilibriummultiplicative habit formation
Stochastic games, stochastic differential games (91A15) Group preferences (91B10) General equilibrium theory (91B50) Consumer behavior, demand theory (91B42) Mean field games and control (49N80)
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