Queue-length Variations In A Two-Restaurant Problem
Anindya S. Chakrabarti and
Bikas K. Chakrabarti
Papers from arXiv.org
Abstract:
This paper attempts to find out numerically the distribution of the queue-length ratio in the context of a model of preferential attachment. Here we consider two restaurants only and a large number of customers (agents) who come to these restaurants. Each day the same number of agents sequentially arrives and decides which restaurant to enter. If all the agents literally follow the crowd then there is no difference between this model and the famous `P\'olya's Urn' model. But as agents alter their strategies different kind of dynamics of the model is seen. It is seen from numerical results that the existence of a distribution of the fixed points is quite robust and it is also seen that in some cases the variations in the ratio of the queue-lengths follow a power-law.
Date: 2008-08
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:0808.3196
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