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Author:Nagurney, A.
Thore, S.
Pan, J.
Title:Spatial market policy modeling with goal targets
Journal:Operations Research
1996 : MAR-APR, VOL. 44:2, p. 393-406
Index terms:SPATIAL ECONOMICS
POLICY
Language:eng
Abstract:In this paper the authors show how the theory of variational inequalities can be applied to the formulation and qualitative analysis, and computation of a new competitive spatial market model in the presence of goal targets. The model allows the decision maker to impose supply goals at production locations, demand goals at consumption locations, and transportation goals between supply and demand locations, along with associated penalties for the failure to comply, claim the authors of the present paper.
SCIMA record nr: 150003
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