Hamers, Herbert; Klijn, Flip; Slikker, Marco - Barcelona Graduate School of Economics (Barcelona GSE) - 2013
Scheduling jobs of decentralized decision makers that are in competition will usually lead to cost inefficiencies. This cost inefficiency is studied using the Price of Anarchy (PoA), i.e., the ratio between the worst Nash equilibrium cost and the cost attained at the centralized optimum. First,...