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Books > Business & Economics > Economics > Economic theory & philosophy
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Equilibrium Facility Location on Networks (Hardcover, 1996 ed.)
Loot Price: R3,020
Discovery Miles 30 200
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Equilibrium Facility Location on Networks (Hardcover, 1996 ed.)
Series: Advances in Spatial and Network Economics
Expected to ship within 10 - 15 working days
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This is a book about the simultaneous location, production and
distri bution decisions of a firm entering a competitive market
whose spatial nature is describable by a network in which the
market either achieves an equilibrium or is equilibrium tending. As
such, the problem is of clear theoretical and practical importance,
for it is a rather general version of the problem faced by real
firms every day in deciding where to locate. Further, the
timeliness of this subject manifests itself in the growing
excitement and interest found both in the research/academic
communities and in the practitioner/private industry communities
for more comprehensive approaches to competitive facility location
analy sis and equilibrium modeling of networks. The desire both for
new conceptual approaches yielding enhanced insights and for
practical methodologies to capture these insights drives this
interest. While nor mative, deterministic facility location
modeling techniques currently provide valuable input into the
location decision-making process, re searchers and practitioners
alike have realized the vast and relatively untapped potential of
more advanced location decision making tech niques. In this book,
we develop what we believe represents a major new line of research
in the field of competitive facility location analysis; namely,
equilibrium facility location modeling. In particular, this book
offers a number of innovations in the mathe matical analysis and
computation of solutions to location models which we have pioneered
and which are collected under a single cover for the first time."
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