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Persistent link: https://www.econbiz.de/10010519516
In the traffic assignment problem, commuters select the shortest available path to travel from a given origin to a given destination. This system has been studied for over 50 years since Wardrop's seminal work (1952). Motivated by freight companies, which need to ship goods across the network,...
Persistent link: https://www.econbiz.de/10013119412
Persistent link: https://www.econbiz.de/10011648918
We study the problem of minimizing the maximum latency of flows in networks with congestion. We show that this problem is NP-hard, even when all arc latency functions are linear and there is a single source and sink. Still, an optimal flow and an equilibrium flow share a desirable property in...
Persistent link: https://www.econbiz.de/10014074341
In the traffic assignment problem, commuters select the shortest available path to travel from a given origin to a given destination. This system has been studied for over 50 years since Wardrop's seminal work. Motivated by freight companies, which need to ship goods across the network, we study...
Persistent link: https://www.econbiz.de/10014026111
According to Wardrop's first principle, agents in a congested network choose their routes selfishly, a behavior that is captured by the Nash equilibrium of the underlying noncooperative game. A Nash equilibrium does not optimize any global criterion per se, and so there is no apparent reason why...
Persistent link: https://www.econbiz.de/10014029029