Abstract
Ramesh Johari
Stanford University
EECS
This tutorial will survey recent progress in the use of mean field models for analysis of strategic interactions in dynamic markets. Dynamic markets can be viewed as a significant special class of dynamic stochastic games; in these games agents' actions directly affect underlying state variables that influence their payoff. Dynamic markets include sponsored search markets, online marketplaces such as eBay, and physical resource markets (such as energy and electricity markets).