Fictitious Play for Mixed Strategy Equilibria in Mean Field Games: A Local OSMFG Example | HackerNoon
Briefly

In the examined model, agents are drawn towards the origin due to attractive running costs. However, the prospect of crowding initiates a quitting behavior, emulating complex market dynamics.
The existence of a pure strategy equilibrium is challenged in the local OSMFG setup. Agents' collective behavior reveals an intrinsic dislike for crowded states, leading to nuanced quitting strategies.
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