Showing 1 - 3 of 3
According to Wardrop's first principle, agents in a congested network choose their routes selfishly, a behavior that is captured by the Nash equilibrium of the underlying noncooperative game. A Nash equilibrium does not optimize any global criterion per se, and so there is no apparent reason why...
Persistent link: https://www.econbiz.de/10014029029
Persistent link: https://www.econbiz.de/10003799389
We present a short, geometric proof for the price-of-anarchy results that have recently been established in a series of papers on selfish routing in multicommodity flow networks and on nonatomic congestion games. This novel proof also facilitates two new types of theoretical results: On the one...
Persistent link: https://www.econbiz.de/10012756858