Degrading network capacity may improve performance: private versus public monitoring in the Braess Paradox
Abstract
The Braess Paradox (BP) is a counterintuitive finding that degrading a network that is susceptible to congestion may decrease the equilibrium travel cost for each of its users. We illustrate this paradox with two networks: a basic network with four alternative routes from a single origin to a single destination, and an augmented network with six alternative routes. We construct the equilibrium solutions to these two networks, which jointly give...
Paper Details
Title
Degrading network capacity may improve performance: private versus public monitoring in the Braess Paradox
Published Date
Dec 14, 2010
Journal
Volume
73
Issue
2
Pages
267 - 293
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