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Decentralised approach for congestion management and congestion price discovering

โœ Scribed by Wei, P.; Ni, Y.; Wu, F.F.


Book ID
114453213
Publisher
The Institution of Electrical Engineers
Year
2002
Tongue
English
Weight
705 KB
Volume
149
Category
Article
ISSN
1350-2360

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Managing Congestion: Economics of Price
โœ G.N. Kerr ๐Ÿ“‚ Article ๐Ÿ“… 1995 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 174 KB

It is not uncommon for the carrying capacity for congestible facilities to be estimated before the allocation method is known. This paper shows how efficient capacity differs between two competing resource allocation mechanisms, one which is efficient (price) and one which is fair (lottery). The wel