On the optimal disclosure of queue length information. (13th September 2020)
- Record Type:
- Journal Article
- Title:
- On the optimal disclosure of queue length information. (13th September 2020)
- Main Title:
- On the optimal disclosure of queue length information
- Authors:
- Li, Kaili
Cui, Shiliang
Wang, Jinting - Other Names:
- Baron Opher guestEditor.
- Abstract:
- Abstract: Simhon et al. (2016) proved that disclosing queue length to customers when the queue is shorter than some threshold and concealing the information otherwise cannot maximize the throughout of M / M /1 queues—when customers are familiar with the policy and the threshold. We show that said policy indeed maximizes throughput when customers do not have information of the policy. Furthermore, we prove that the socially optimal disclosure policy under this setting contains a "hole, " that is, it is socially optimal to disclose queue length to the customers when the queue is sufficiently short or sufficiently long but not disclose otherwise.
- Is Part Of:
- Naval research logistics. Volume 68:Number 5(2021)
- Journal:
- Naval research logistics
- Issue:
- Volume 68:Number 5(2021)
- Issue Display:
- Volume 68, Issue 5 (2021)
- Year:
- 2021
- Volume:
- 68
- Issue:
- 5
- Issue Sort Value:
- 2021-0068-0005-0000
- Page Start:
- 615
- Page End:
- 630
- Publication Date:
- 2020-09-13
- Subjects:
- information disclosure -- queueing game -- social optimum -- throughout optimization
Logistics, Naval -- Periodicals
Supplies and stores -- Periodicals
359.07 - Journal URLs:
- http://onlinelibrary.wiley.com/doi/10.1002/nav.v61.2/issuetoc ↗
http://onlinelibrary.wiley.com/ ↗ - DOI:
- 10.1002/nav.21937 ↗
- Languages:
- English
- ISSNs:
- 0894-069X
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 6064.995000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 17533.xml