In game theory and operations research, a Wardrop equilibrium is a concept developed by John Glen Wardrop for the prediction of traffic patterns in transportation networks that are subject to congestion. The idea of traffic equilibrium originated as early as 1924, with Frank Knight.
In game theory and operations research, a Wardrop equilibrium is a concept developed by John Glen Wardrop for the prediction of traffic patterns in transportation networks that are subject to congestion. The idea of traffic equilibrium originated as early as 1924, with Frank Knight.
Source: Wikipedia "Wardrop equilibrium" · CC BY-SA 4.0
Share this article: X · Bluesky