In this paper we present a model that studies firm mergers in a spatial setting. A new model is formulated that addresses the issue of finding the number of branches that have to be eliminated by a firm after merging with another one, in order to maximize profits. The model is then applied to an...

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...

The equalization effects of transfer systems has been the subject of analyses to evaluate the effectiveness of redistribution policies and of the adequacy of revenue sharing mechanisms in providing sub national governments with adequate resources to undertake their public responsibilities....

The objective of the current paper is to analyze the impact of the European Union (EU) funds on gross domestic product (GDP) and employment in the Azores. The theoretical model is based on a modeling platform for the Azorean economy, supported by a dynamical multi-sector computable general...

We introduce a distribution center location model that incorporates joint replenishment inventory costs at the distribution centers. The model is formulated as a Fixed Charge Location Problem (FCLP) which objectively considers not only location specific costs but also inventory replenishment...

This study aims to analyse the behaviour of fuel prices at the pump (unleaded gasoline and diesel) in Portugal, relative to positive and negative variations in Brent crude oil price. Applying an Autoregressive Distributed Lags (ARDL) model to weekly time series data for the period of January...