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The Price of Anarchy Under Nonlinear and Asymmetric Costs

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dc.creator Perakis, Georgia
dc.date 2004-05-28T19:24:47Z
dc.date 2004-05-28T19:24:47Z
dc.date 2003-12
dc.date.accessioned 2013-10-09T02:37:55Z
dc.date.available 2013-10-09T02:37:55Z
dc.date.issued 2013-10-09
dc.identifier http://hdl.handle.net/1721.1/5136
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/1721
dc.description In this paper we characterize the "price of anarchy", i.e., the inefficiency between user and system optimal solutions, when costs are non-separable, asymmetric and nonlinear, generalizing earlier work that has addressed "price of anarchy" under separable costs. The generalization models traffice equilibria, competitive multi-period pricing and competitive supply chains. The bounds established in the paper are tight and explicitly account for the degeee of asymmetry and nonlinearity of the cost function. We introduce and alternate proof method for providing bounds that uses ideas from semidenfinite optimization. Finally, in the context of nulti-period pricing our analysis establishes that user and system optimal soulutions coincide.
dc.format 295539 bytes
dc.format application/pdf
dc.language en
dc.publisher Massachusetts Institute of Technology, Operations Research Center
dc.relation ;OR 367-03
dc.subject System and User-Optimization,
dc.subject Traffic Equilibrium,
dc.subject Price of Anarchy.
dc.title The Price of Anarchy Under Nonlinear and Asymmetric Costs
dc.type Working Paper


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