Many Agent Games in Socio-economic Systems

Many Agent Games in Socio-economic Systems
Author :
Publisher :
Total Pages : 196
Release :
ISBN-10 : 3030123723
ISBN-13 : 9783030123727
Rating : 4/5 (727 Downloads)

Book Synopsis Many Agent Games in Socio-economic Systems by : Vasiliĭ Nikitich Kolokolʹt︠s︡ov

Download or read book Many Agent Games in Socio-economic Systems written by Vasiliĭ Nikitich Kolokolʹt︠s︡ov and published by . This book was released on 2019 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been an increase in attention toward systems involving large numbers of small players, giving rise to the theory of mean field games, mean field type control and nonlinear Markov games. Exhibiting various real world problems involving major and minor agents, this book presents a systematic continuous-space approximation approach for mean-field interacting agents models and mean-field games models. After describing Markov-chain methodology and a modeling of mean-field interacting systems, the text presents various structural conditions on the chain to yield respective socio-economic models, focusing on migration models via binary interactions. The specific applications are wide-ranging - including inspection and corruption, cyber-security, counterterrorism, coalition building and network growth, minority games, and investment policies and optimal allocation - making this book relevant to a wide audience of applied mathematicians interested in operations research, computer science, national security, economics, and finance.


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