Use this URL to cite or link to this record in EThOS: http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.666073
Title: Probabilistic matching systems : stability, fluid and diffusion approximations and optimal control
Author: Chen, Hanyi
ISNI:       0000 0004 5353 4882
Awarding Body: University of Edinburgh
Current Institution: University of Edinburgh
Date of Award: 2015
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Abstract:
In this work we introduce a novel queueing model with two classes of users in which, instead of accessing a resource, users wait in the system to match with a candidate from the other class. The users are selective and the matchings occur probabilistically. This new model is useful for analysing the traffic in web portals that match people who provide a service with people who demand the same service, e.g. employment portals, matrimonial and dating sites and rental portals. We first provide a Markov chain model for these systems and derive the probability distribution of the number of matches up to some finite time given the number of arrivals. We then prove that if no control mechanism is employed these systems are unstable for any set of parameters. We suggest four different classes of control policies to assure stability and conduct analysis on performance measures under the control policies. Contrary to the intuition that the rejection rate should decrease as the users become more likely to be matched, we show that for certain control policies the rejection rate is insensitive to the matching probability. Even more surprisingly, we show that for reasonable policies the rejection rate may be an increasing function of the matching probability. We also prove insensitivity results related to the average queue lengths and waiting times. Further, to gain more insight into the behaviour of probabilistic matching systems, we propose approximation methods based on fluid and diffusion limits using different scalings. We analyse the basic properties of these approximations and show that some performance measures are insensitive to the matching probability agreeing with the results found by the exact analysis. Finally we study the optimal control and revenue management for the systems with the objective of profit maximization. We formulate mathematical models for both unobservable and observable systems. For an unobservable system we suggest a deterministic optimal control, while for an observable system we develop an optimal myopic state dependent pricing.
Supervisor: Buke, Burak; Antal, Tibor; Rasonyi, Miklos Sponsor: Engineering and Physical Sciences Research Council (EPSRC)
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.666073  DOI: Not available
Keywords: matching systems ; stability ; admission control policies ; rejection rates ; fluid approximation ; diffusion approximation ; optimal control
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