The following text integrates into one coherent exposition several contri- butions that have been published by Pierre-Louis Lions, Jean-Michel Lasry and Olivier Gueant in various places on the application of mean field games to model the production of a non-renewable good such as oil. These ...
Indeed, the sustained price drop has been primarily attributed to OPEC's strategic decision not to curb its oil production in the face of increased supply of shale oil in the U.S., spurred by the technological innovation of "fracking." We study how continuous time Cournot competitions, in ...
Sircar, editors, Energy, Commodities and Environmental Finance, Fields... M Ludkovski,R Sircar - 《Psn Game Theory》 被引量: 0发表: 2015年 Robust Mean Field Games with Application to Production of an Exhaustible Resource Ba¸sar. Robust Mean Field Games with Application to Production of an...
The disaster then fans out to neighboring countries, and eventually much farther a field. A special "task force on state failure" set up by America’’s CIA has found that three variables are most predictive of state stability or instability: the openness of the economy; democracy; and ...
This paper considers a linear-quadratic (LQ) mean-field game governed by a forward-backward stochastic system with partial observation and common noise, where a coupling structure enters state equations, cost functionals and observation equations. Firstl
In some places, you couldn’t have oil, wine, or any other type of dairy. Knowing this period of fasting was coming up, people naturally tried to use up any of these foods they had on hand before Lent began. Especially because there wasn’t refrigeration back then. That leads us back...
190 2012 BLOG fieldandstream.com #wondering, now you know. # You do n't necessarily need a long tape measure. If you're a hunter with a rangefinder191 2003 SPOK CNN_Q&A #police work can be called preemptive. You do n't necessarily want to get the bombers after they've blown up ...
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with a magnificent seraphic high, everything for once seemed to fall into place. An immaculate powder-blue sky stretched over the Games and everyone warmed to the sensual nuzzling of the Santa Ana breezes as the best hope of the new world--its young--began their trials on the field below...
fermented honey and water 蜂蜜酒. mead / mi:d; mid/ n (arch 古) meadow 草地. meadow / 5medEU; `mZdo/ n [C, U] (area or field of) grassland, esp used for growing hay; (area of) low, often boggy, land near a river 草地; (尤 ...