Convex potential for the Erlang fixed point
ID: convex-potential-for-the-erlang-fixed-point
Set and let . For positive integer capacities,The function is the carried load of an Erlang loss resource evaluated at its inverse blocking parametrization. It is continuous and strictly increasing from zero to . Hence is a coercive function and a strictly convex function on the nonnegative orthant. Its first-order conditions are the fixed-routing Erlang fixed point equations, including zero prices at unused links.
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