Spatial price equilibrium on congested networks

C. S. Fisk

Transportation Research Part B: Methodological, 1987, vol. 21, issue 3, 175-182

Abstract: A new price formulation of the spatial price equilibrium model for congested networks is presented which allows for situations in which equilibrium between producers and consumers within a region may not be achieved. It also leads to a variational inequality in link flow without requiring that each network node be a market. Existence and uniqueness results are given and a solution algorithm is suggested.

Date: 1987
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