Stochastic Processes

Listed on this page are current research projects being offered for the Vacation Scholarship Program.

For more information on this research group see: Stochastic Processes



The price of anarchy, the price of stability, and the price of communication in interacting intensive care units

The price of anarchy (PoA), the price of stability (PoS), and the price of communication (PoC) are measures of how inefficient the system is if interacting intensive care units (ICUs) do not communicate, communicate but do not cooperate, and communicate and cooperate, respectively. For this project we model the interaction between two ICUs as a continuous-time Markov chain and calculate the PoA, PoS, and PoC, and interpret the results. The model can be extended to incorporate more ICUs, or units and wards in the same hospital.

Contact: Mark Fackrell fackrell@unimelb.edu.au