Information and time-of-usage decisions in the bottleneck model with stochastic capacity and demand.
A study was conducted to analyze the effects of information on participation and time-of-use decisions for a facility subject to queuing congestion when there are predictable and unpredictable fluctuations in capacity and demand. Findings revealed that with constant elasticity demand and schedule d...
| Published in: | European Economic Review Vol. 43; no. 3; pp. 525 - 549 |
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| Main Authors: | , , |
| Format: | Article |
| Published: |
Elsevier Science
March 1999
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=512770526&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 512770526 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00142921 EER jtl: European Economic Review issn: 00142921 maglogo: N pubinfo: dt: March 1999 vid: 43 iid: 3 pid: 1004 pub: Elsevier Science artinfo: ui: 512770526 10.1016/S0014-2921(98)00013-0 ppf: 525 ppct: 24 formats: tig: atl: Information and time-of-usage decisions in the bottleneck model with stochastic capacity and demand. aug: au: Arnott, Richard De Palma, André Lindsey, Robin su: Queuing theory Information theory in economics Externalities Economic equilibrium sug: subj: Queuing theory Information theory in economics Externalities Economic equilibrium ab: A study was conducted to analyze the effects of information on participation and time-of-use decisions for a facility subject to queuing congestion when there are predictable and unpredictable fluctuations in capacity and demand. Findings revealed that with constant elasticity demand and schedule delay cost functions, expected social surplus is greater with perfect than with imperfect information. Imperfect information, however, can reduce welfare by causing adverse changes in individuals' times of usage. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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