A note on non-coercive first order Mean Field Games with analytic data
Paola Mannucci, Claudio Marchi, Carlo Mariconda, Nicoletta Tchou

TL;DR
This paper investigates first order Mean Field Games with non-coercive operators, establishing the existence of weak solutions and describing population evolution via a flow derived from optimal control, addressing cases with forbidden directions.
Contribution
It introduces a framework for analyzing non-coercive first order Mean Field Games and proves the existence of weak solutions under regularity assumptions.
Findings
Existence of weak solutions for non-coercive MFGs
Population distribution evolves as a push-forward of initial data
Framework handles cases with forbidden directions
Abstract
We study first order evolutive Mean Field Games whose operators are non-coercive. This situation occurs, for instance, when some directions are `forbidden' to the generic player at some points. Under some regularity assumptions, we establish existence of a weak solution of the system. Mainly, we shall describe the evolution of the population's distribution as the push-forward of the initial distribution through a flow, suitably defined in terms of the underlying optimal control problem.
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Taxonomy
TopicsStochastic processes and financial applications · Stochastic processes and statistical mechanics · Economic theories and models
