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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...
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We study a game that models a market in which heterogeneous producers of perfect substitutes make pricing decisions in a first stage, followed by consumers that select a producer that sells at lowest price. As opposed to Cournot or Bertrand competition, producers submit a price function to the...
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This paper presents a method for estimating missing real-time traffic volumes on a road network using both historical and real-time traffic data. The method was developed to address urban transportation networks where a non-negligible subset of the network links do not have real-time link...
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