While the general theory for the terminal-initial value problem in mean-field games is widely used in many models of applied mathematics, the modeling potential of the corresponding forward-forward version is still under-considered. In this work, we discuss some features of the problem in a quite general setting and explain how it may be appropriate to model a system of players that have a complete knowledge of the past states of the system and are adapting to new information without any knowledge about the future. Then we show how forward-forward mean field games can be effectively used in mathematical models for opinion formation and other social phenomena.
Forward-Forward Mean Field Games in Mathematical Modeling with Application to Opinion Formation and Voting Models / Festa, A.; Gottlich, S.; Ricciardi, M.. - In: DYNAMIC GAMES AND APPLICATIONS. - ISSN 2153-0785. - (2024). [10.1007/s13235-024-00578-3]
Forward-Forward Mean Field Games in Mathematical Modeling with Application to Opinion Formation and Voting Models
Festa A.;
2024
Abstract
While the general theory for the terminal-initial value problem in mean-field games is widely used in many models of applied mathematics, the modeling potential of the corresponding forward-forward version is still under-considered. In this work, we discuss some features of the problem in a quite general setting and explain how it may be appropriate to model a system of players that have a complete knowledge of the past states of the system and are adapting to new information without any knowledge about the future. Then we show how forward-forward mean field games can be effectively used in mathematical models for opinion formation and other social phenomena.File | Dimensione | Formato | |
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https://hdl.handle.net/11583/2995339