Acemoglu, Daron; Ozdaglar, Asuman E. - 2006
We study the efficiency properties of oligopoly equilibria in congested networks. Our measure of efficiency is the … oligopoly equilibria can be bounded by 1/2, where strong oligopoly equilibria are equilibria in which each provider plays a … strict best response and all of the traffic is transmitted. However, even with strong oligopoly equilibria, inefficiency can …