A Note on a Stochastic Location Problem

J. B. G. Frenk, M. Labbe and S. Zhang

No 272382, Econometric Institute Archives from Erasmus University Rotterdam

Abstract: In this note we give a. short and easy proof of the equivalence of lIakimi's one-median problem and the K-server-single-facility-loss median problem as discussed by Chiu and Larson (cf. [1]). The proof makes only use of a. stochastic monotonicity result for birth and death processes and the insensitivity of the MIGIK loss model.

Keywords: Agricultural and Food Policy; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 7
Date: 1989
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:eureia:272382

DOI: 10.22004/ag.econ.272382

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