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Erschienen in:
2011 | OriginalPaper | Buchkapitel
8. Sequential Location Models
verfasst von : Hassan Younies, H. A. Eiselt
Erschienen in: Foundations of Location Analysis
Verlag: Springer US
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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.