Equilibrium and optimal strategies to join a queue with partial information on service times

Pengfei Guo, Wei Sun, Yulan Wang

Research output: Journal article publicationJournal articleAcademic researchpeer-review

32 Citations (Scopus)

Abstract

In this paper, we study customer equilibrium as well as socially optimal strategies to join a queue with only partial information on the service time distribution such as moments and the range. Based on such partial information, customers adopt the entropy-maximization principle to obtain the expectation of their waiting cost and decide to join or balk. We find that more information encourages customers to join the queue. And it is beneficial for decision makers to convey partial information to customers in welfare maximization but reveal full information in profit maximization.
Original languageEnglish
Pages (from-to)284-297
Number of pages14
JournalEuropean Journal of Operational Research
Volume214
Issue number2
DOIs
Publication statusPublished - 16 Oct 2011

Keywords

  • Entropy maximization
  • Equilibrium
  • Joining/balking behavior
  • Partial information
  • Queueing

ASJC Scopus subject areas

  • Modelling and Simulation
  • Management Science and Operations Research
  • Information Systems and Management

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