We describe a circular location model in which consumers are distributed according to a symmetric, single-peaked distribution function. Optimal location choices are described and it is determined that equilibria are possible only with one or two firms. Firm strategy is also discussed for greater...

Infrastructure management must move from a perspective that may singularly emphasize facility condition assessment to a broader view that involves nonphysical factors, which may substantially impact facility performance and shorten its service life. Socioeconomic, technological, regulatory, and...

Residual value is defined as the price for which a used piece of equipment can be sold in the market at a particular time. It is an important element of the owning costs of equipment and needs to be estimated by equipment managers for making investment decisions.The purpose of this study is to...

Increasingly, states are relying on creative financing and asset management to maintainand improve the nationâs transportation infrastructure since budgetary challenges constrain potential options. One method of tapping into alternative sources of capital is the public-private partnership (PPP...