Technical Note—Optimal Locations on a Line with Random Utilities

André de Palma (), Qin Liu and Jacques Thisse
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Qin Liu: Department of Economics, Northwestern University, Evanston, Illinois 60208

Transportation Science, 1994, vol. 28, issue 1, 63-69

Abstract: This note deals with the optimal locations of a given number of facilities when customers' behavior is described by a probabilistic choice model. In this context, the principle of median location is generalized. The optimal locations are determined in the case of the multinomial logit for different numbers of facilities.

Date: 1994
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Persistent link: https://EconPapers.repec.org/RePEc:inm:ortrsc:v:28:y:1994:i:1:p:63-69

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