Universität Wien

040721 UK Selected Topics in Statistics (2018W)

3.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).

Details

max. 30 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

  • Monday 01.10. 13:15 - 14:45 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 02.10. 11:30 - 13:00 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Wednesday 03.10. 09:45 - 11:15 Seminarraum 16 Oskar-Morgenstern-Platz 1 3.Stock
  • Wednesday 03.10. 13:15 - 14:45 Seminarraum 15 Oskar-Morgenstern-Platz 1 3.Stock
  • Thursday 04.10. 15:00 - 16:30 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 05.10. 09:45 - 11:15 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 08.10. 13:15 - 14:45 Seminarraum 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 09.10. 11:30 - 13:00 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 10.10. 09:45 - 11:15 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 10.10. 13:15 - 14:45 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 11.10. 15:00 - 16:30 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 12.10. 09:45 - 11:15 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 15.10. 13:15 - 14:45 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Tuesday 16.10. 11:30 - 13:00 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock
  • Wednesday 17.10. 09:45 - 11:15 Seminarraum 5 Oskar-Morgenstern-Platz 1 1.Stock

Information

Aims, contents and method of the course

Concept of a queue; why queues exist and, what makes them long;
the M/M/1 and M/G/1 queueing single server models and mean value analysis, leading to the most important queueing formulas, such as Khinchtine-Pollaczek's.
Model of symmetric non-cooperative games and their symmetric Nash equilibria;
`To queue or not to go' will be looked at at length (unobservable/observable version).
Issue of regulation; regulating mechanisms; other qeueing related decision problems

Assessment and permitted materials

The students will be asked to read a research paper and answer a set of questions dealing with the model presented and with its performance measures.

Minimum requirements and assessment criteria

Examination topics

- length biased sampling and the inspection paradox
- the M/M/1andtheM/G/1single server models
- self vs.social optimization in queues
- decision making in queues: to queue or not to queue, to purchase priority or not, to retry or not to retry
- regulating queues via tolls, contracts, priority selection, and queue regimes

Reading list

1. Moshe Haviv, Queues: A Course in Queueing Theory, Springer, 2013.
2. Refael Hassin and Moshe Haviv, To Queue or not to Queue: Equilibrium Behaviour in Queueing Systems, Kluwer's nternational Series, 2003.

Association in the course directory

Last modified: Mo 07.09.2020 15:29