IDEAS home Printed from https://ideas.repec.org/a/inm/oropre/v44y1996i2p393-406.html
   My bibliography  Save this article

Spatial Market Policy Modeling with Goal Targets

Author

Listed:
  • Anna Nagurney

    (University of Massachusetts, Amherst, Massachusetts)

  • Sten Thore

    (University of Texas at Austin, Austin, Texas)

  • Jie Pan

    (St. Joseph's University, Philadelphia, Pennsylvania)

Abstract

In this paper we show how the theory of variational inequalities can be applied to the formulation, qualitative analysis, and computation of a new competitive spatial market model in the presence of goal targets. The model allows the decision maker to impose supply goals at production locations, demand goals at consumption locations, and transportation goals between supply and demand locations, along with associated penalties for failure to comply. This work may be viewed as a contribution to the growing literature on the development of mathematical methodologies for policy modeling.

Suggested Citation

  • Anna Nagurney & Sten Thore & Jie Pan, 1996. "Spatial Market Policy Modeling with Goal Targets," Operations Research, INFORMS, vol. 44(2), pages 393-406, April.
    • Handle: RePEc:inm:oropre:v:44:y:1996:i:2:p:393-406
    DOI: 10.1287/opre.44.2.393
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/opre.44.2.393
    Download Restriction: no
    File URL: https://libkey.io/10.1287/opre.44.2.393?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nagurney, Anna & Hassani, Dana & Nivievskyi, Oleg & Martyshev, Pavlo, 2024. "Multicommodity international agricultural trade network equilibrium: Competition for limited production and transportation capacity under disaster scenarios with implications for food security," European Journal of Operational Research, Elsevier, vol. 314(3), pages 1127-1142.
    2. Liu, John, 2000. "On the dynamics of stochastic diffusion of manufacturing technology," European Journal of Operational Research, Elsevier, vol. 124(3), pages 601-614, August.
    3. B. S. He & L. Z. Liao & H. Yang, 1999. "Decomposition Method for a Class of Monotone Variational Inequality Problems," Journal of Optimization Theory and Applications, Springer, vol. 103(3), pages 603-622, December.
    4. He, Bingsheng & He, Xiao-Zheng & Liu, Henry X., 2010. "Solving a class of constrained 'black-box' inverse variational inequalities," European Journal of Operational Research, Elsevier, vol. 204(3), pages 391-401, August.
    5. Anna Nagurney & Kanwalroop Kathy Dhanda, 2000. "Marketable Pollution Permits in Oligopolistic Markets with Transaction Costs," Operations Research, INFORMS, vol. 48(3), pages 424-435, June.
    6. Nagurney, Anna & Dhanda, Kathy Kanwalroop & Stranlund, John K., 1997. "General multi-product, multi-pollutant market pollution permit model: a variational inequality approach," Energy Economics, Elsevier, vol. 19(1), pages 57-76, March.
    7. Krawczyk, Jacek B., 2005. "Coupled constraint Nash equilibria in environmental games," Resource and Energy Economics, Elsevier, vol. 27(2), pages 157-181, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:oropre:v:44:y:1996:i:2:p:393-406. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.