2017/08/14 by Barnabé Monnot, Monnot, Barnabé, Francisco Benita +3
Decision Sciences · Economics, Econometrics and Finance · #Auction Theory and Applications #Computer Science and Game Theory (cs.GT) #FOS: Computer and information sciences #Game Theory and Applications #Game Theory and Voting Systems
paper · pdf · doi:10.48550/arxiv.1708.04081
openalex publication_date 2017/08/14 · openalex created_date 2017/08/31 · openalex updated_date 2026/07/28
Routing games are amongst the most well studied domains of game theory. How relevant are these pen-and-paper calculations to understanding the reality of everyday traffic routing? We focus on a semantically rich dataset that captures detailed information about the daily behavior of thousands of Singaporean commuters and examine the following basic questions: (i) Does the traffic equilibrate? (ii) Is the system behavior consistent with latency minimizing agents? (iii) Is the resulting system efficient? In order to capture the efficiency of the traffic network in a way that agrees with our everyday intuition we introduce a new metric, the stress of catastrophe, which reflects the combined inefficiencies of both tragedy of the commons as well as price of anarchy effects.