The curse of the first-in-first-out queue discipline

We consider a congested facility where agents can line up at any time they wish after the facility opens (like airplane boarding, or drivers leaving stadium parking lots after a sports event). We show that in Nash equilibrium, within the general family of stochastic queue disciplines with no capacity waste, the focal first-in-first-out (FIFO) queue discipline is the worst while the last-in-first-out (LIFO) discipline is best.

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Year of publication:	2012-05-23
Authors:	Platz, Trine Tornøe ; Østerdal, Lars Peter
Institutions:	Institut for Virksomhedsledelse og Økonomi, Syddansk Universitet
Subject:	Bottleneck \| queue discipline \| Nash equilibrium \| FIFO \| LIFO \| welfare

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Extent:	application/pdf
Series:	Discussion Papers of Business and Economics.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Discussion Papers of Business and Economics Number 10/2012 14 pages
Classification:	C72 - Noncooperative Games ; D62 - Externalities ; R41 - Transportation: Demand; Supply; Congestion; Safety and Accidents
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010818956