IDEAS home Printed from https://ideas.repec.org/a/spr/anresc/v30y1996i4p359-371.html
   My bibliography  Save this article

A spatial price equilibrium model with congestion effects

Author

Listed:
  • Hai Yang

    (Department of Civil and Structural Engineering, Hong Kong University of Science and Technology, Clear Water Bay, Kowloon, Hong Kong)

Abstract

This paper examines the commodity price equilibrium problem in a spatially extended market. The earlier continuous equilibrium modeling approach is extended by explicitly taking into account congestion effects. An optimization model with a flow-dependent transportation cost function is proposed and its dual formulation in terms of a potential function is derived. The complementarity conditions between the primal and dual problems are shown to be equivalent to the spatial price equilibrium conditions with congestion effects.

Suggested Citation

  • Hai Yang, 1996. "A spatial price equilibrium model with congestion effects," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 30(4), pages 359-371.
    • Handle: RePEc:spr:anresc:v:30:y:1996:i:4:p:359-371
    Note: Received: June 1996 / Accepted: September 1996
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

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


    Cited by:

    1. Ouyang, Yanfeng & Wang, Zhaodong & Yang, Hai, 2015. "Facility location design under continuous traffic equilibrium," Transportation Research Part B: Methodological, Elsevier, vol. 81(P1), pages 18-33.
    2. Wang, Zhaodong & Xie, Siyang & Ouyang, Yanfeng, 2022. "Planning reliable service facility location against disruption risks and last-mile congestion in a continuous space," Transportation Research Part B: Methodological, Elsevier, vol. 165(C), pages 123-140.
    3. Chengliang Liu & Qinchang Gui, 2016. "Mapping intellectual structures and dynamics of transport geography research: a scientometric overview from 1982 to 2014," Scientometrics, Springer;Akadémiai Kiadó, vol. 109(1), pages 159-184, October.
    4. Hai Yang & S. C. Wong, 2000. "A Continuous Equilibrium Model for Estimating Market Areas of Competitive Facilities with Elastic Demand and Market Externality," Transportation Science, INFORMS, vol. 34(2), pages 216-227, May.

    More about this item

    Statistics

    Access and download statistics

    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:spr:anresc:v:30:y:1996:i:4:p:359-371. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.