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Strategic Customers in a Transportation Station: When Is It Optimal to Wait?

Manou, Athanasia; Economou, Antonis; Karaesmen, Fikri


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        "name": "Manou, Athanasia"
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        "affiliation": "Univ Athens, Dept Math, Athens 15784, Greece", 
        "name": "Economou, Antonis"
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        "affiliation": "Koc Univ, Dept Ind Engn, TR-34450 Istanbul, Turkey", 
        "name": "Karaesmen, Fikri"
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    "description": "We consider a transportation station, where customers arrive according to a Poisson process. A transportation facility visits the station according to a renewal process and serves at each visit a random number of customers according to its capacity. We assume that the arriving customers decide whether to join the station or balk, based on a natural reward-cost structure. We study the strategic behavior of the customers and determine their symmetric Nash equilibrium strategies under two levels of information.", 
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