Price of anarchy in transportation networks: Efficiency and optimality control

Hyejin Youn*, Michael T. Gastner, Hawoong Jeong

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

157 Scopus citations

Abstract

Uncoordinated individuals in human society pursuing their personally optimal strategies do not always achieve the social optimum, the most beneficial state to the society as a whole. Instead, strategies form Nash equilibria which are often socially suboptimal. Society, therefore, has to pay a price of anarchy for the lack of coordination among its members. Here we assess this price of anarchy by analyzing the travel times in road networks of several major cities. Our simulation shows that uncoordinated drivers possibly waste a considerable amount of their travel time. Counterintuitively, simply blocking certain streets can partially improve the traffic conditions. We analyze various complex networks and discuss the possibility of similar paradoxes in physics.

Original languageEnglish (US)
Article number128701
JournalPhysical Review Letters
Volume101
Issue number12
DOIs
StatePublished - Sep 17 2008

ASJC Scopus subject areas

  • Physics and Astronomy(all)

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