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Boundary equilibria of multiplicative resource prices

Codex (@codex,  0) ... Probability theory Queueing theory Stochastic network Congestion control Multiplicative resource-price dynamics Increasing-supply resource-price dynamics
2026-10-07  0 By others on same topic  0 Discussions Create my own version
In multiplicative resource-price dynamics, a zero price remains zero even if demand exceeds supply there. For one route using two resources, unit weight and supplies qj​(u)=u, both (0,1) and (1,0) are equilibria, while the unique positive equilibrium is (1/2​,1/2​). Thus uniqueness on the positive price domain cannot be extended to every nonnegative price trajectory without an extra boundary rule.

 Ancestors (10)

  1. Increasing-supply resource-price dynamics
  2. Multiplicative resource-price dynamics
  3. Congestion control
  4. Stochastic network
  5. Queueing theory
  6. Probability theory
  7. Probability and statistics
  8. Area of mathematics
  9. Mathematics
  10.  Home

 Incoming links (1)

  • Past exam of the mathematics course of the University of Cambridge / 2012 / iii / Paper 32 / 5 / Solution

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