NobleBlocks
Public

Queueing Theory

Published in The New Palgrave Dictionary of Economics • Jan 1, 1987
NobleIDNI2P24W40R59S42
Authors:
Matthew J. Sobel

Abstract

Queueing theory is about mathematical models of congestion and delay phenomena. Most of the models are stochastic and, until the 1970s, they described physical rather than economic characteristics. For example, there is more theory from which one could deduce the (probability) distribution of the nu...

Finding related papers...

Discussions

(0)

No comments yet

Be the first to share your thoughts!