Competitive location models: A review

Zvi Drezner and H.A. Eiselt

European Journal of Operational Research, 2024, vol. 316, issue 1, 5-18

Abstract: The objective of facility location models is to maximize the profit or minimize the cost of a company that wishes to expand or enter the market. The market share captured by facilities is a function of the distances to the facilities and their attractiveness. The analysis involves how to estimate the market share captured by facilities, where to locate new facilities, how to determine their attractiveness, and reactions of competitors to the actions of locating a facility.

Keywords: Location; Competitive facilities location; Game theory; Facility attractiveness; Market share (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ejores:v:316:y:2024:i:1:p:5-18

DOI: 10.1016/j.ejor.2023.10.030

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