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Bibliographic Details
Main Authors: Ashrafyan, Yuri, Gomes, Diogo
Format: Preprint
Published: 2024
Subjects:
Online Access:https://arxiv.org/abs/2403.02785
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author Ashrafyan, Yuri
Gomes, Diogo
author_facet Ashrafyan, Yuri
Gomes, Diogo
contents Here, we examine a fully-discrete Semi-Lagrangian scheme for a mean-field game price formation model. We show the existence of the solution of the discretized problem and that it is monotone as a multivalued operator. Moreover, we show that the limit of the discretization converges to the weak solution of the continuous price formation mean-field game using monotonicity methods. Numerical simulations demonstrate that this scheme can provide results efficiently, comparing favorably with other methods in the examples we tested.
format Preprint
id arxiv_https___arxiv_org_abs_2403_02785
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle A Fully-discrete Semi-Lagrangian scheme for a price formation MFG model
Ashrafyan, Yuri
Gomes, Diogo
Numerical Analysis
35Q89, 65M22
Here, we examine a fully-discrete Semi-Lagrangian scheme for a mean-field game price formation model. We show the existence of the solution of the discretized problem and that it is monotone as a multivalued operator. Moreover, we show that the limit of the discretization converges to the weak solution of the continuous price formation mean-field game using monotonicity methods. Numerical simulations demonstrate that this scheme can provide results efficiently, comparing favorably with other methods in the examples we tested.
title A Fully-discrete Semi-Lagrangian scheme for a price formation MFG model
topic Numerical Analysis
35Q89, 65M22
url https://arxiv.org/abs/2403.02785