Incorporating Waiting Time in Competitive Location Models : Formulations and Heuristics

In this paper we propose a metaheuristic to solve a new version of the Maximum Capture Problem. In the original MCP, market capture is obtained by lower traveling distances or lower traveling time, in this new version not only the traveling time but also the waiting time will affect the market share. This problem is hard to solve using standard optimization techniques. Metaheuristics are shown to offer accurate results within acceptable computing times

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Year of publication:	2007
Authors:	Silva, Francisco José Ferreira ; Serra, Daniel
Publisher:	[S.l.] : SSRN
Subject:	Heuristik \| Heuristics \| Standortwahl \| Location choice \| Räumlicher Wettbewerb \| Spatial competition \| Transportzeit \| Travel time \| Standorttheorie \| Location theory
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Networks and Spatial Economics Volltext nicht verfügbar
Source:	ECONIS - Online Catalogue of the ZBW

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