Risk-Averse Selfish Routing

Risk-Averse Selfish Routing

Learn about risk-averse selfish routing in traffic networks from Evdokia Nikolova of the University of Texas at Austin in this 32-minute lecture from the Simons Institute. Explore how traffic uncertainty affects commuter behavior and congestion. Examine the price of anarchy in routing games with stochastic delays. Compare risk-averse and risk-neutral equilibria, analyzing their efficiency and characterizing them for mean-standard deviation risk models. Investigate upper bounds on the Price of Risk Aversion for various latency functions and consider implications for heterogeneous players. Gain insights into traffic modeling that accounts for commuter risk sensitivity and its impacts on network efficiency.