Congestion control: fairness, pricing and stability

Frank Kelly

This talk will discuss the fairness of congestion control algorithms, the impact upon stability of stochastic perturbations and time-lags, and how a shadow price may be defined on the sample path of a queueing process. The overall aim will be to understand how microscopic packet level processes, of an apparently crude and statistical nature, may lead to sophisticated macroscopic behaviour interpretable as the global optimization of a large-scale network.


Background references: