Entropy Regularization in Mean-Field Games of Optimal Stopping

Fuente: arXiv
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Auteurs principaux: Dianetti, Jodi, Dumitrescu, Roxana, Ferrari, Giorgio, Xu, Renyuan
Format: Preprint
Publié: 2025
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author Dianetti, Jodi
Dumitrescu, Roxana
Ferrari, Giorgio
Xu, Renyuan
author_facet Dianetti, Jodi
Dumitrescu, Roxana
Ferrari, Giorgio
Xu, Renyuan
contents We study mean-field games of optimal stopping (OS-MFGs) and introduce an entropy-regularized framework to enable learning-based solution methods. By utilizing randomized stopping times, we reformulate the OS-MFG as a mean-field game of singular stochastic controls (SC-MFG) with entropy regularization. We establish the existence of equilibria and prove their stability as the entropy parameter vanishes. Fictitious play algorithms tailored for the regularized setting are introduced, and we show their convergence under both Lasry-Lions monotonicity and supermodular assumptions on the reward functional. Our work lays the theoretical foundation for model-free learning approaches to OS-MFGs.
format Preprint
id arxiv_https___arxiv_org_abs_2509_18821
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Entropy Regularization in Mean-Field Games of Optimal Stopping
Dianetti, Jodi
Dumitrescu, Roxana
Ferrari, Giorgio
Xu, Renyuan
Optimization and Control
We study mean-field games of optimal stopping (OS-MFGs) and introduce an entropy-regularized framework to enable learning-based solution methods. By utilizing randomized stopping times, we reformulate the OS-MFG as a mean-field game of singular stochastic controls (SC-MFG) with entropy regularization. We establish the existence of equilibria and prove their stability as the entropy parameter vanishes. Fictitious play algorithms tailored for the regularized setting are introduced, and we show their convergence under both Lasry-Lions monotonicity and supermodular assumptions on the reward functional. Our work lays the theoretical foundation for model-free learning approaches to OS-MFGs.
title Entropy Regularization in Mean-Field Games of Optimal Stopping
topic Optimization and Control
url https://arxiv.org/abs/2509.18821