Equilibrium and Optimization in a Double-Ended Queueing System with Dynamic Control

Author:

Wang Yuejiao12ORCID,Liu Zaiming2

Affiliation:

1. College of Mathematics and Computational Science, Hunan First Normal University, 410205 Changsha, China

2. School of Mathematics and Statistics, Central South University, 410083 Changsha, China

Abstract

In this paper, we consider a double-ended queueing system which is a passenger-taxi service system. In our model, we also consider the dynamic taxi control policy which means that the manager adjusts the arrival rate of taxis according to the taxi stand congestion. Under three different information levels, we study the equilibrium strategies as well as socially optimal strategies for arriving passengers by a reward-cost structure. Furthermore, we present several numerical experiments to analyze the relationship between the equilibrium and socially optimal strategies and demonstrate the effect of different information levels as well as several parameters on social benefit.

Funder

National Natural Science Foundation of China

Publisher

Hindawi Limited

Subject

Strategy and Management,Computer Science Applications,Mechanical Engineering,Economics and Econometrics,Automotive Engineering

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