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Kallenberg.Foundations of Modern Probability

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2026 1

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Mean-Field Systems with Heterogeneous Subteams: Optimality of Cluster-Symmetric Independent Policies and Equivalence with Decentralized McKean-Vlasov Control of Cluster-Representative Agents

math.OC · 2026-04-30 · unverdicted · novelty 7.0

For discounted partially exchangeable costs in heterogeneous cluster systems, cluster-symmetric decentralized policies are optimal in the mean-field limit and asymptotically optimal for finite populations, equivalent to McKean-Vlasov control of cluster representatives.

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