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We extend the measure-valued fluid model, which tracks residuals of patience and service times, to allow for time-varying arrivals. The fluid model can be characterized by a one-dimensional convolution equation involving both the patience…

Probability · Mathematics 2019-05-01 Zhenghua Long , Jiheng Zhang

A queueing model has $J\ge2$ heterogeneous service stations, each consisting of many independent servers with identical capabilities. Customers of $I\ge2$ classes can be served at these stations at different rates, that depend on both the…

Probability · Mathematics 2007-05-23 Rami Atar , Avi Mandelbaum , Gennady Shaikhet

We show that infinite divisibility of a trading commodity leads to a self-sustained price bubble when traders use adaptive investment strategies. The adaptive strategy can be viewed as a psychological response of a trader to the situation…

Trading and Market Microstructure · Quantitative Finance 2021-01-01 Misha Perepelitsa , Ilya Timofeyev

Bitcoin is currently subject to a significant pay-for-speed trade-off. This is caused by lengthy and highly variable transaction confirmation times, especially during times of congestion. Users can reduce their transaction confirmation…

Probability · Mathematics 2024-02-28 Rowel Gündlach , Ivo V. Stoepker , Stella Kapodistria , Jacques A. C. Resing

This paper studies the limiting behavior of a closed queueing network with multiple single-server and infinite-server stations. Under a heavy traffic asymptotic regime$\unicode{x2014}$where the number of jobs and single-server service rates…

Probability · Mathematics 2026-03-13 Amir A. Alwan , Barış Ata

A large-scale service system with multiple customer classes and multiple server pools is considered, with the mean service time depending both on the customer class and server pool. The allowed activities (routing choices) form a tree (in…

Probability · Mathematics 2014-03-28 Alexander Stolyar

The Lightning Network is a so-called second-layer technology built on top of the Bitcoin blockchain to provide "off-chain" fast payment channels between users, which means that not all transactions are settled and stored on the main…

Computers and Society · Computer Science 2019-12-10 Silvia Bartolucci , Fabio Caccioli , Pierpaolo Vivo

We establish a heavy-traffic limit theorem on convergence in distribution for the number of customers in a many-server queue when the number of servers tends to infinity. No critical loading condition is assumed. Generally, the limit…

Probability · Mathematics 2010-01-14 Anatolii A. Puhalskii , Josh E. Reed

We study a double-ended queue where buyers and sellers arrive to conduct trades. When there is a pair of buyer and seller in the system, they immediately transact a trade and leave. Thus there cannot be non-zero number of buyers and sellers…

Probability · Mathematics 2014-01-22 Xin Liu , Qi Gong , Vidyadhar G. Kulkarni

We consider a single server queue which has a threshold to change its arrival process and service speed by its queue length, which is referred to as a two-level single server queue. This model is motivated by an energy saving problem for a…

Probability · Mathematics 2025-05-28 Masakiyo Miyazawa

We consider a sequence of single-server queueing models operating under a service policy that incorporates batches into processor sharing: arriving jobs build up behind a gate while waiting to begin service, while jobs in front of the gate…

Probability · Mathematics 2023-02-15 H. Christian Gromoll , Katelynn D. Kochalski

The large-time behavior of a nonlinearly coupled pair of measure-valued transport equations with discontinuous boundary conditions, parameterized by a positive real-valued parameter $\lambda$, is considered. These equations describe the…

Probability · Mathematics 2021-07-13 Rami Atar , Weining Kang , Haya Kaspi , Kavita Ramanan

Bandwidth-sharing networks as introduced by Massouli\'e & Roberts (1998) model the dynamic interaction among an evolving population of elastic flows competing for several links. With policies based on optimization procedures, such models…

Probability · Mathematics 2013-04-16 Maria Frolkova , Josh Reed , Bert Zwart

We study the probabilistic distribution of the confirmation time of Bitcoin transactions, conditional on the current memory pool (i.e., the queue of transactions awaiting confirmation). The results of this paper are particularly interesting…

Performance · Computer Science 2018-10-22 David Koops

Motivated by the ongoing COVID-19 pandemic, this paper investigates customers' infection risk by evaluating the overlapping time of a virtual customer with others in queueing systems. Most of the current methodologies focus on…

Probability · Mathematics 2022-11-09 Young Myoung Ko , Jin Xu

In this paper, we consider a $G_t/G_t/\infty$ infinite server queueing model in a random environment. More specifically, the arrival rate in our server is modeled as a highly fluctuating stochastic process, which arguably takes into account…

Probability · Mathematics 2020-04-13 Harsha Honnappa , Yiran Liu , Samy Tindel , Aaron Yip

The bittide mechanism enables logically synchronous computation across distributed systems by leveraging the continuous frame transmission inherent to wired networks such as Ethernet. Instead of relying on a global clock, bittide uses a…

Systems and Control · Electrical Eng. & Systems 2024-10-10 Sanjay Lall , Tammo Spalink

A service system with multiple types of customers, arriving according to Poisson processes, is considered. The system is heterogeneous in that the servers also can be of multiple types. Each customer has an independent exponentially…

Probability · Mathematics 2016-05-20 Alexander Stolyar

The focus of this paper is on the asymptotics of large-time numbers of customers in time-periodic Markovian many-server queues with customer abandonment in heavy traffic. Limit theorems are obtained for the periodic number-of-customers…

Probability · Mathematics 2014-06-03 Anatolii A. Puhalskii

We consider an M/M/Infinity service system in which an arriving customer is served by the first idle server in an infinite sequence S_1, S_2, ... of servers. We determine the first two terms in the asymptotic expansions of the moments of L…

Probability · Mathematics 2011-07-11 Patrick Eschenfeldt , Ben Gross , Nicholas Pippenger