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The maximum capture problem with uncertainty

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Author Info

  • Daniel Serra

    ()

  • Samuel Ratick
  • Charles Revelle

Abstract

The strategic location of servers by a firm in a competitive environment is basic in the determination or division of market shares. Let us suppose that a firm wants to locate p servers so as to maximize market capture in a region where competitors are already located but where there is uncertainty -- there are several possible future scenarios with respect to demand and/or the location of competitors. The firm will want a strategy of positioning that will do as 'well as possible' over the future scenarios. In this paper we will present a discrete location model formulation to address this maximum capture problem with uncertainty.

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File URL: http://www.econ.upf.edu/docs/papers/downloads/74.pdf
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Bibliographic Info

Paper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 74.

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Date of creation: Mar 1994
Date of revision:
Handle: RePEc:upf:upfgen:74

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Web page: http://www.econ.upf.edu/

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Cited by:
  1. Daniel Serra & Charles Revelle, 1997. "Competitive location and pricing on networks," Economics Working Papers 219, Department of Economics and Business, Universitat Pompeu Fabra.
  2. Miquel Carreras & Daniel Serra, 1997. "On optimal location with treshold requirements," Working Papers, Research Center on Health and Economics 220, Department of Economics and Business, Universitat Pompeu Fabra.
  3. Rosa Colomé & Helena Ramalhinho-Lourenço & Daniel Serra, 2003. "A new chance-constrained maximum capture location problem," Economics Working Papers 661, Department of Economics and Business, Universitat Pompeu Fabra.
  4. Shiode, Shogo & Drezner, Zvi, 2003. "A competitive facility location problem on a tree network with stochastic weights," European Journal of Operational Research, Elsevier, vol. 149(1), pages 47-52, August.
  5. Daniel Serra & Charles Revelle, 1994. "Competitive location in discrete space," Economics Working Papers 96, Department of Economics and Business, Universitat Pompeu Fabra.
  6. Daniel Serra & Rosa Colomé, 2000. "Supermarket key attributes and location decisions: A comparative study between British and Spanish consumers," Economics Working Papers 469, Department of Economics and Business, Universitat Pompeu Fabra.
  7. Hua, Guowei & Cheng, T.C.E. & Wang, Shouyang, 2011. "The maximum capture per unit cost location problem," International Journal of Production Economics, Elsevier, vol. 131(2), pages 568-574, June.
  8. Daniel Serra & Vladimir Marianov, 1996. "The P-median problem in a changing network: The case of Barcelona," Economics Working Papers 180, Department of Economics and Business, Universitat Pompeu Fabra.
  9. Owen, Susan Hesse & Daskin, Mark S., 1998. "Strategic facility location: A review," European Journal of Operational Research, Elsevier, vol. 111(3), pages 423-447, December.
  10. Francisco Silva & Daniel Serra, 2008. "Incorporating waiting time in competitive location models: Formulations and heuristics," Economics Working Papers 1091, Department of Economics and Business, Universitat Pompeu Fabra.
  11. Current, John & Ratick, Samuel & ReVelle, Charles, 1998. "Dynamic facility location when the total number of facilities is uncertain: A decision analysis approach," European Journal of Operational Research, Elsevier, vol. 110(3), pages 597-609, November.

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