|Title:||Location-price competition with externality: an application to the Tenerife tram||Authors:||Dorta-González, Pablo
Santos-Peñate, Dolores R.
Dorta-González, María Isabel
|UNESCO Clasification:||12 Matemáticas||Keywords:||Duopoly
|Issue Date:||2008||Publisher:||0969-6016||Journal:||International Transactions in Operational Research||Abstract:||This paper presents a location–price equilibrium problem on a tree. A sufficient condition for having a Nash equilibrium in a spatial competition model that incorporates price, transport, and externality costs is given. This condition implies both competitors are located at the same point, a vertex that is the unique median of the tree. However, this is not an equilibrium necessary condition. Some examples show that not all medians are equilibria. Finally, an application to the Tenerife tram is presented.||URI:||http://hdl.handle.net/10553/13078||ISSN:||0969-6016||DOI:||10.1111/j.1475-3995.2008.00650.x||Source:||XIV Latin Ibero-American Congress on Operations Research (CLAIO 2008)|
|Appears in Collections:||Artículos|
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