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SUMMARY:A kinetic theory view of mean field games and applications to econ
 omics - Degond\, P (Imperial College London)
DTSTART:20141008T100000Z
DTEND:20141008T103000Z
UID:TALK55033@talks.cam.ac.uk
CONTACT:Mustapha Amrani
DESCRIPTION:We develop a kinetic theory framework for a games with a conti
 nuum of players where Nash equilibria play the role of thermodynamic equil
 ibria. We discuss its connections with mean-field games. We consider the s
 ituation of time-scale separation where the slow evolution of the system i
 s driven by the fast relaxation to Nash equilibria and apply it to a model
  of non-conservative economies.\n
LOCATION:Seminar Room 1\, Newton Institute
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