On the inefficiency of equilibria in congestion games

José R. Correa, Andreas S. Schulz, Nicolás E. Stier-Moses

Research output: Contribution to journalConference articlepeer-review

64 Scopus citations

Abstract

We present a short geometric proof for the price of anarchy results that have recently been established in a series of papers on selfish routing in multicommodity flow networks. This novel proof also facilitates two new types of results: On the one hand, we give pseudo-approximation results that depend on the class of allowable cost functions. On the other hand, we derive improved bounds on the inefficiency of Nash equilibria for situations in which the equilibrium travel times are within reasonable limits of the free-flow travel times. These tighter bounds help to explain empirical observations in vehicular traffic networks. Our analysis holds in the more general context of congestion games, which provides the framework in which we describe this work.

Original languageEnglish
Pages (from-to)167-181
Number of pages15
JournalLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume3509
DOIs
StatePublished - 2005
Externally publishedYes
Event11th International IPCO Conference on Integer Programming and Combinatorial Optimization - Berlin, Germany
Duration: 8 Jun 200510 Jun 2005

Fingerprint

Dive into the research topics of 'On the inefficiency of equilibria in congestion games'. Together they form a unique fingerprint.

Cite this