Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 411091
Title On Nash equilibria of a competitive location problem
Author(s) Sáiz, M.E.; Hendrix, E.M.T.; Pelegrín, B.
Source European Journal of Operational Research 210 (2011)3. - ISSN 0377-2217 - p. 588 - 593.
Department(s) Operations Research and Logistics
Publication type Refereed Article in a scientific journal
Publication year 2011
Keyword(s) facility location - model - plane
Abstract The location-quality decision of a facility for two competing suppliers in a new market is described by a Huff-like attraction model where the profit that can be reached by each supplier depends on the actions of its competitor. We study the profit maximization problem of the suppliers under binary and proportional customer choice rules, assuming that they make their decisions simultaneously. The main questions are: what are the possible Nash equilibria in such a situation, how are they characterised and by which computational methods can they be determined? We report on findings
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