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Pigou's Example

Vincent Knight 898898
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Published on Oct 1, 2012

In this short video I describe the basic idea behind Pigou's Example. The first 3 minutes of the video describe the routing game and show how the Optimal flow and Nash flow can be obtained.

The last part of the video makes use of Sage to look at the "Price of Anarchy" (a measure of inefficiency) in more detail for a generalisation of Pigou's example. Sage is an excellent open source package and anyone can use the code I use in this video at: http://goo.gl/o9o36

Routing games are a nice type of game in game theory and form a large part of my research. If you'd like to see some more details of my research take a look at www.vincent-knight.com

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