Séminaire FDD-FiME // G. Ferrari
Giorgio Ferrari (IMW, Bielefeld University)
Titre : A Stationary Mean-Field Equilibrium Model of Irreversible Investment in a Two-State Economy
Résumé :
In this talk, I present results on a stationary mean-field model with singular controls for a Markov modulated Itô-diffusion, in which the representative agent interacts with a long-time conditional weighted average of the population through a discounted performance criterion. Natural applications are in the context of irreversible Read more [...]
