Queues with priorities: bribes, asymmetric information, communication
Keywords:
bribes, queues, queues with priorities, information structure, bribe-giver behavior
Abstract
Purpose: communication in queues with priorities as a factor of changes in bids. Discussion: in models of waiting lines imperfect information is common, but redistributing available information betweeen agents if often ignored. Meanwhile in real life people or firms can reveal hidden characteristics of their neighbors by communicating to them. Results: estimation the value of bribe taking into account expected bribes of other agents is considered. Communication that enables to get to know relevant information is suggested. We show cases in which it reduces the amount of bribes.Downloads
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Published
2015-11-03
How to Cite
Рассадовская, А. В. (2015). Queues with priorities: bribes, asymmetric information, communication. Modern Economics: Problems and Solutions, 8, 56-68. https://doi.org/10.17308/meps.2015.8/1276
Issue
Section
Mathematical Methods in Economics