A Mean Field Game Approach to Relative Investment-Consumption Games with Habit Formation

By Zongxia Liang, Keyu Zhang

Rating

1322
Battle Count: 52

Relevance

7/10
Provides insights into optimal investment and consumption strategies in competitive environments with habit formation, which could inform quantitative trading models

Implementation Complexity

8/10
Involves complex mathematical modeling and solving systems of stochastic differential equations

Reproducibility

3/5
Theoretical results are provided with proofs, but no code or specific implementation details are given

About this paper

Methodology: Mean Field Game Approach. Problem types: Portfolio Optimization, Consumption Optimization.

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