
doi: 10.4171/rlm/907
We introduce a new class of coupled forward-backward in time systems consisting of a forward Hamilton–Jacobi and a backward quasilinear transport equation, which we call extended mean-field games system. This new class of equations strictly contains the classical mean-field games system with no common noise and its homogenization limit, and optimal transportation-type control problems. We also identify a new and meaningful ‘‘monotonicity’’-type condition that yields well-posedeness. The same condition yields uniqueness in the Hilbertian setting for the master equation without common noise as well as the hyperbolic system describing finite-state mean-field games.
Quasilinear parabolic equations, Initial-boundary value problems for systems of nonlinear higher-order PDEs, Transport equations, Mean field games (aspects of game theory), backward quasilinear transport equation, Hamilton-Jacobi equations, forward Hamilton-Jacobi equation, Homogenization in context of PDEs; PDEs in media with periodic structure, Second-order parabolic systems
Quasilinear parabolic equations, Initial-boundary value problems for systems of nonlinear higher-order PDEs, Transport equations, Mean field games (aspects of game theory), backward quasilinear transport equation, Hamilton-Jacobi equations, forward Hamilton-Jacobi equation, Homogenization in context of PDEs; PDEs in media with periodic structure, Second-order parabolic systems
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