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ISE Graduate Seminar - Dr. Deepanshu Vasal, ECE Dept, Northwestern University - Master Equation for Discrete-Time Stackelberg Mean Field Games

Event Type
Professor Rasoul Etsami
wifi event
Sep 2, 2022   10:00 - 11:00 am  
Dr. Deepanshu Vasal
Staci McDannel
Originating Calendar
ISE Seminar Calendar


ISE Graduate Seminar Series


Master Equation for Discrete-Time Stackelberg Mean
Field Games


Deepanshu Vasal
Research Scientist
Department of Electrical and Computer Engineering
Northwestern University 

Friday, September 2, 2022|10-11 am (US Central Time)


Join seminar through Zoom:
Meeting ID: 824 6581 3137
Password: 684688


There will be no individual meetings for this speaker.

Abstract: Mean field games are a very popular model of dynamic interaction of large scale selfish agents. In this talk, I will consider a general model of discrete-time Stackelberg mean field games with a leader and an infinite number of followers. The leader and the followers each observe types privately that evolve as conditionally independent controlled Markov processes. The leader commits to a dynamic policy and the followers best respond to that policy and each other. Knowing that the followers would play a mean field game based on her policy, the leader chooses a policy that maximizes her reward. We refer to the resulting outcome as a Stackelberg mean field equilibrium (SMFE). 

In this talk, I will provide a master equation of this game that allows one to compute all SMFE backward recursively. Based on this framework, I will consider two numerical examples, one on vaccinations in an epidemic and other on technology adoption. This presents a new idea and a framework in solving such games and has vast potential in designing strategies of the government and firms in control of societal level problems including information design, pricing, vaccination costs, blockchains and much more. 

Deepanshu Vasal is a research scientist in the Department of Electrical and Computer Engineering (ECE) at Northwestern University. He received his PhD from University of Michigan, Ann Arbor in EE:Systems in 2016, and was a postdoc at UT Austin. His current research interests are game theory, multi-agent decision making, and feedback communication. Before that, he received his B.Tech degree in electronics and communication engineering from IIT Guwahati in 2009.




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