Abstract

An analysis of infinite horizon linear quadratic Gaussian (LQG) Mean Field Games is given within the general framework of Graphon Mean Field Games (GMFG) on dense infinite graphs (or networks) introduced in Caines and Huang (2018). For a class of LQG-GMFGs, analytical expressions are derived for the infinite horizon Nash values at the nodes of the infinite graph. Furthermore, under specific conditions on the network and the initial population means, it is shown that the nodes with strict local maximal infinite network degree are also nodes with strict local minimal cost at equilibrium.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call