@inproceedings{10f20e65a77042329437fe09bb84d804,
title = "Cooperative mean-field type games",
abstract = "In the standard formulation of a game, a player's payoff function depends on the states and actions of all the players. Yet, real world applications suggest to consider also a functional of the probability measure of states and actions of all the players. In this paper, we consider cooperative mean-field type games in which the state dynamics and the payoffs depend not only on the state and actions but also on their probability measure. We establish stochastic maximum principle and provide a time-dependent payoff allocation procedure for coalitions. The allocated payoff considers not only fairness property but also the cost of making the coalition. Finally, time consistency and subgame perfectness solution concept equations are established.",
keywords = "Cooperation, Mean-field type, Stochastic maximum principle, Subgame perfection",
author = "Ciss{\'e}, {Abdoul Karim} and Hamidou Tembine",
note = "Publisher Copyright: {\textcopyright} IFAC.; 19th IFAC World Congress on International Federation of Automatic Control, IFAC 2014 ; Conference date: 24-08-2014 Through 29-08-2014",
year = "2014",
doi = "10.3182/20140824-6-za-1003.01870",
language = "English (US)",
series = "IFAC Proceedings Volumes (IFAC-PapersOnline)",
publisher = "IFAC Secretariat",
pages = "8995--9000",
editor = "Edward Boje and Xiaohua Xia",
booktitle = "19th IFAC World Congress IFAC 2014, Proceedings",
}