Equilibrium Strategies in M/M/1 Priority Queues with Balking
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DOI: 10.1111/poms.12889
Abstract: We consider an M/M/1 queueing system with a pay‐for‐priority option, and study customers’ joint decisions between joining/balking and pay‐for‐priority. The equilibrium strategies are thus two‐dimensional. First, we fully characterize the equilibrium structure and identify the… read more here.
Keywords: priority queues; system; priority; equilibrium strategies ... See more keywords