Sequential Location Models

Hassan Younies () and H. A. Eiselt ()
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Hassan Younies: New York Institute of Technology
H. A. Eiselt: University of New Brunswick

Chapter Chapter 8 in Foundations of Location Analysis, 2011, pp 163-178 from Springer

Abstract: Abstract Competitive location models have been discussed in the location literature since Hotelling’s (1929) seminal paper. As other location contributions, his model includes customers, who are located in some metric space and who have a demand for some good. This demand may be satisfied by firms that offer the product, given some pricing policy. The difference between standard location problems and competitive location models is that in the competitive case, there are at least two competing firms, who offer the same product. Depending on the complexity of the model under consideration, the differences between the firms may include their different locations, prices, pricing policies, or the attractiveness of their respective facilities.

Keywords: Market Share; Sequential Location; Reaction Function; Single Facility; Leader Firm (search for similar items in EconPapers)
Date: 2011
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DOI: 10.1007/978-1-4419-7572-0_8

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