Open Access
Joint location and pricing within a user-optimized environment
Publication type: Journal Article
Publication date: 2020-03-01
scimago Q1
wos Q3
SJR: 1.006
CiteScore: 5.5
Impact factor: 1.7
ISSN: 21924406, 21924414
Computational Mathematics
Control and Optimization
Modeling and Simulation
Management Science and Operations Research
Abstract
In the design of service facilities, whenever the behaviour of customers is impacted by queueing or congestion, the resulting equilibrium cannot be ignored by a firm that strives to maximize revenue within a competitive environment. In the present work, we address the problem faced by a firm that makes decisions with respect to location, service levels and prices and that takes explicitly into account user behaviour. This situation is modelled as a nonlinear mathematical program with equilibrium constraints that involves both discrete and continuous variables, and for which we propose an efficient algorithm based on an approximation that can be solved for its global optimum.
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Metrics
11
Total citations:
11
Citations from 2024:
6
(54.54%)
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GOST
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Dan T., Klein R., Marcotte P. Joint location and pricing within a user-optimized environment // EURO Journal on Computational Optimization. 2020. Vol. 8. No. 1. pp. 61-84.
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Dan T., Klein R., Marcotte P. Joint location and pricing within a user-optimized environment // EURO Journal on Computational Optimization. 2020. Vol. 8. No. 1. pp. 61-84.
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RIS
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TY - JOUR
DO - 10.1007/s13675-019-00120-w
UR - https://doi.org/10.1007/s13675-019-00120-w
TI - Joint location and pricing within a user-optimized environment
T2 - EURO Journal on Computational Optimization
AU - Dan, Teodora
AU - Klein, Robert
AU - Marcotte, Patrice
PY - 2020
DA - 2020/03/01
PB - Springer Nature
SP - 61-84
IS - 1
VL - 8
SN - 2192-4406
SN - 2192-4414
ER -
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BibTex (up to 50 authors)
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@article{2020_Dan,
author = {Teodora Dan and Robert Klein and Patrice Marcotte},
title = {Joint location and pricing within a user-optimized environment},
journal = {EURO Journal on Computational Optimization},
year = {2020},
volume = {8},
publisher = {Springer Nature},
month = {mar},
url = {https://doi.org/10.1007/s13675-019-00120-w},
number = {1},
pages = {61--84},
doi = {10.1007/s13675-019-00120-w}
}
Cite this
MLA
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Dan, Teodora, et al. “Joint location and pricing within a user-optimized environment.” EURO Journal on Computational Optimization, vol. 8, no. 1, Mar. 2020, pp. 61-84. https://doi.org/10.1007/s13675-019-00120-w.