EconPapers    
Economics at your fingertips  
 

Mechanisms that govern how the Price of Anarchy varies with travel demand

Steven J. O'Hare, Richard D. Connors and David P. Watling

Transportation Research Part B: Methodological, 2016, vol. 84, issue C, 55-80

Abstract: Selfish routing, represented by the User-Equilibrium (UE) model, is known to be inefficient when compared to the System Optimum (SO) model. However, there is currently little understanding of how the magnitude of this inefficiency, which can be measured by the Price of Anarchy (PoA), varies across different structures of demand and supply. Such understanding would be useful for both transport policy and network design, as it could help to identify circumstances in which policy interventions that are designed to induce more efficient use of a traffic network, are worth their costs of implementation.

Keywords: Selfish routing; Price of Anarchy; User-Equilibrium; System Optimum (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0191261515002660
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transb:v:84:y:2016:i:c:p:55-80

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

DOI: 10.1016/j.trb.2015.12.005

Access Statistics for this article

Transportation Research Part B: Methodological is currently edited by Fred Mannering

More articles in Transportation Research Part B: Methodological from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:transb:v:84:y:2016:i:c:p:55-80