Fair Queueing

This monograph provides a detailed analysis on fair queueing rules from a normative, a strategic, and a non-cooperative viewpoint. The queueing problem is concerned with the following situation: There is a group of agents who must be served in a facility. The facility can handle only one agent at a time and agents incur waiting costs. The problem is to find the order in which to serve agents and monetary transfers they should receive. The queueing problem has been studied extensively in the recent literature.

List of contents

Introduction.- Basic Concepts.- CooperativeGame Theoretic Approach.- Independence, Monotonicity, and BalancedConsistency.- No-envy.- Startegyproofness.- Strategyproofness and EgalitarianEquivalence.- Subgroup Additivity.- A Non-Cooperative Approach.- QueueingProblems with Two.

Summary

This monograph provides a detailed analysis on fair queueing rules from a normative, a strategic, and a non-cooperative viewpoint. The queueing problem is concerned with the following situation: There is a group of agents who must be served in a facility. The facility can handle only one agent at a time and agents incur waiting costs. The problem is to find the order in which to serve agents and monetary transfers they should receive. The queueing problem has been studied extensively in the recent literature.

Product details

• Authors: Youngsub Chun
• Publisher: Springer, Berlin
• Languages: English
• Product format: Paperback / Softback
• Released: 01.01.2018
• EAN: 9783319815978
• ISBN: 978-3-31-981597-8
• No. of pages: 157
• Dimensions: 155 mm x 9 mm x 235 mm
• Weight: 271 g
• Illustrations: XI, 157 p. 1 illus.
• Series: Studies in Choice and Welfare; Studies in Choice and Welfare
• Subjects: Social sciences, law, business > Business > Economics; Operations Research, B, Economics and Finance, Economic Theory, Operations Research/Decision Theory, Operations Research and Decision Theory, Game Theory, Economics, Social and Behav. Sciences, Philosophy of Mathematics, game theory, Management & management techniques, Operations Research, Management Science, Management decision making, Management science, Operational research, Decision Making, Quantitative Economics, Economic Theory/Quantitative Economics/Mathematical Methods