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  • Search: subject:"monotonic algorithms"
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Subject
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dynamic equilibrium 1 externalities 1 mean field games 1 monotonic algorithms 1 non-convex optimization 1 optimal control 1
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Book / Working Paper 1
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Undetermined 1
Author
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Lachapelle, Aimé 1 Salomon, Julien 1 Turinici, Gabriel 1
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Université Paris-Dauphine (Paris IX) 1
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Economics Papers from University Paris Dauphine 1
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RePEc 1
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Computation of Mean Field Equilibria in Economics
Lachapelle, Aimé; Salomon, Julien; Turinici, Gabriel - Université Paris-Dauphine (Paris IX) - 2010
Motivated by a mean field games stylized model for the choice of technologies (with externalities and economy of scale), we consider the associated optimization problem and prove an existence result. To complement the theoretical result, we introduce a monotonic algorithm to find the mean field...
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