Price of Anarchy in Transportation Networks: Efficiency and Optimality Control

Hyejin Youn, Michael T. Gastner, and Hawoong Jeong
Phys. Rev. Lett. 101, 128701 – Published 17 September 2008; Erratum Phys. Rev. Lett. 102, 049905 (2009)

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.

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  • Received 3 January 2008

DOI:https://doi.org/10.1103/PhysRevLett.101.128701

©2008 American Physical Society

Erratum

Erratum: Price of Anarchy in Transportation Networks: Efficiency and Optimality Control [Phys. Rev. Lett. 101, 128701 (2008)]

Hyejin Youn, Michael T. Gastner, and Hawoong Jeong
Phys. Rev. Lett. 102, 049905 (2009)

Authors & Affiliations

Hyejin Youn1, Michael T. Gastner2,3, and Hawoong Jeong1,*

  • 1Department of Physics, Korea Advanced Institute of Science and Technology, Daejeon 305-701, Korea
  • 2Santa Fe Institute, 1399 Hyde Park Road, Santa Fe, New Mexico 87501, USA
  • 3Department of Computer Science, University of New Mexico, Albuquerque, New Mexico 87131, USA

  • *hjeong@kaist.ac.kr

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Issue

Vol. 101, Iss. 12 — 19 September 2008

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