Yves Achdou

Deterministic mean field games on networks and related optimal control problems

We study deterministic mean field games and related optimal control problems, with finite time horizon and a network as state space. An agent controls her velocity and, when she occupies a vertex, she can either remain still or enter any adjacent edge. The costs are continuous in...

Continuous-Time Heterogeneous Agent Models with Recursive Utility and Preference for Late Resolution

We consider continuous-time heterogeneous agent models with recursive utility (Epstein-Zin utility) cast as mean field games, in which agents prefer late resolution of uncertainty. The model leads to a system coupling a pair of Hamilton-Jacobi-Bellman equations with state constra...