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Efficiency of Correlation in a Bottleneck Game

Author

Listed:
  • Thomas Rivera

    (Orange Labs)

  • Marco Scarsini

    (GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC - HEC Paris - Ecole des Hautes Etudes Commerciales - CNRS - Centre National de la Recherche Scientifique)

  • Tristan Tomala

    (GREGH - Groupement de Recherche et d'Etudes en Gestion à HEC - HEC Paris - Ecole des Hautes Etudes Commerciales - CNRS - Centre National de la Recherche Scientifique)

Abstract

We consider a model of bottleneck congestion in discrete time with a penalty cost for being late. This model can be applied to several situations where agents need to use a capacitated facility in order to complete a task before a hard deadline. A possible example is a situation where commuters use a train service to go from home to office in the early morning. Trains run at regular intervals, take always the same time to cover their itinerary, and have a fixed capacity. Commuters must reach their office in time. This is a hard constraint whose violation involves a heavy penalty. Conditionally on meeting the deadline, commuters want to take the train as late as possible. With the intent of considering strategic choices of departure, we model this situation as a game and we show that it does not have pure Nash equilibria. Then we characterize the best and worst mixed Nash equilibria, and show that they are both inefficient with respect to the social optimum. We then show that there exists a correlated equilibrium that approximates the social optimum when the penalty for missing the deadline is sufficiently large.

Suggested Citation

  • Thomas Rivera & Marco Scarsini & Tristan Tomala, 2018. "Efficiency of Correlation in a Bottleneck Game," Working Papers hal-01933853, HAL.
  • Handle: RePEc:hal:wpaper:hal-01933853
    DOI: 10.2139/ssrn.3219767
    as

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    Cited by:

    1. Ryo Kawasaki & Hideo Konishi & Junki Yukawa, 2023. "Equilibria in bottleneck games," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(3), pages 649-685, September.

    More about this item

    Keywords

    Nash equilibrium; correlated equilibrium; efficiency of equilibria; price of anarchy; price of stability; price of correlated stability.;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games

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