Batch Queues with Choice of Arrivals: Equilibrium Analysis and Experimental Study
AbstractWe study both theoretically and experimentally the decisions players make in two queueing games with batch service. In both games, players are asked to independently decide when to join a discrete-time queue to receive service, or they may simply choose not to join it at all. Equilibrium solutions in pure and mixed strategies are constructed for two games where balking is prohibited and where it is allowed. They are then tested experimentally in a study that varies the game type (balking vs. no balking) and information structure (private vs. public information) in a 2X2 between-subject design. With repeated iterations of the stage game, all four experimental conditions result in aggregate, but not individual, behavior approaching mixed-strategy equilibrium play.
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Bibliographic InfoPaper provided by EconWPA in its series Experimental with number 0411001.
Length: 45 pages
Date of creation: 09 Nov 2004
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Note: Type of Document - pdf; pages: 45
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Batch queueing; equilibrium solution; experimental economics;
Other versions of this item:
- Stein, William E. & Rapoport, Amnon & Seale, Darryl A. & Zhang, Hongtao & Zwick, Rami, 2007. "Batch queues with choice of arrivals: Equilibrium analysis and experimental study," Games and Economic Behavior, Elsevier, vol. 59(2), pages 345-363, May.
- C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-11-22 (All new papers)
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