Efficient Inaccuracy: User-Generated Information Sharing in a Queue

成果类型:
Article
署名作者:
Wang, Jianfu; Hu, Ming
署名单位:
Nanyang Technological University; University of Toronto
刊物名称:
MANAGEMENT SCIENCE
ISSN/ISSBN:
0025-1909
DOI:
10.1287/mnsc.2019.3447
发表日期:
2020
页码:
4648-4666
关键词:
observable queue unobservable queue information sharing service operations
摘要:
We study a service system that does not have the capability of monitoring and disclosing its real-time congestion level. However, the customers can observe and post their observations online, and future arrivals can take into account such user-generated information when deciding whether to go to the service facility. We perform pairwise comparisons of the shared, full, and no queue-length information structures in terms of social welfare. Perhaps surprisingly, we show that the shared queue-length information may provide greater social welfare than full queue-length information when the hassle cost of the customers entering the service facility falls into some ranges, and the shared and full queue-length information structures always generate greater social welfare than no queuelength information. Therefore, the discrete disclosure of congestion through user-generated sharing can lead to as much, or even greater, social welfare as the continuous stream of real-time queue-length information disclosure and always generates greater social welfare than no queue-length information disclosure at all. These results imply that a little shared queue-length information-inaccurate and lagged-can go a long way and that it may be more socially beneficial to encourage the sharing of user-generated information among customers than to provide them with full real-time queue-length information.