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arXiv · 2506.11868

A "trembling hand perfect" equilibrium for a certain class of mean field games

P. Jameson Graber
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Abstract

We study a particular class of mean field games whose solutions can be formally connected to a scalar transport equation on the Wasserstein space of measures. For this class, we construct some interesting explicit examples of non-uniqueness of Nash equilibria. We then address the selection problem of finding rational criteria by which to choose one equilibrium over others. We show that when the theory of entropy solutions is used, we can obtain explicit error estimates for the ``vanishing noise limit,'' where the error is measured in a certain norm that measures the distance between two functions over the set of empirical measures.

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P. Jameson Graber. 2025-06-13. A "trembling hand perfect" equilibrium for a certain class of mean field games. https://arxiv.org/abs/2506.11868

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