Nonlinear Dynamics in 2-Population Mean Field Games Competing for a Resource: Influence on the Tragedy of the Commons
摘要
Mean field Game (MFG) Theory derived by combining stochastic optimal control with a statistical description of multiple populations of competing agents is increasingly used in many applications, especially those involving acquisition of a resource. Using an ergodic, 2-population MFG model it is demonstrated that nonlinear dynamics caused by the model’s underlying bifurcation structure can dominate predictions as the influence of the optimal control is enhanced by lowering the stochastic diffusivity