Congestion Information and Efficiency: An Experiment

成果类型:
Article
署名作者:
Noussair, Charles N.; Qiao, Liang
署名单位:
University of Arizona; Nankai University; Nankai University
刊物名称:
MANAGEMENT SCIENCE
ISSN/ISSBN:
0025-1909
DOI:
10.1287/mnsc.2023.00056
发表日期:
2026
关键词:
Coordination game information use information value learning experiment
摘要:
Users are now typically able to access historical data in traffic, restaurant, and retailing contexts. This availability of information can be viewed as a means to reduce congestion. However, scientific support for this notion is weak. We investigate, using a laboratory experiment, whether an intermediate level of information provision might reduce congestion. We also study how the effect of making more information available changes over time. We show that providing all users with information is counterproductive in the short run. In the long run, users' behavior adjusts so that providing some or all individuals with information leads to more efficient outcomes than when no information is made available. Small Sample models capture a number of the patterns in the data, in particular the switching behavior between routes. The data show that making congestion information available to all parties reduces efficiency early on but is beneficial in the long run.