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LOCATION AND SPATIAL PRICING FOR PUBLIC FACILITIES
Author(s) -
Ye MengHua,
Yezer Anthony M.
Publication year - 1992
Publication title -
journal of regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.171
H-Index - 79
eISSN - 1467-9787
pISSN - 0022-4146
DOI - 10.1111/j.1467-9787.1992.tb00175.x
Subject(s) - maximization , variety (cybernetics) , utility maximization , facility location problem , business , welfare , environmental economics , microeconomics , economics , operations research , computer science , engineering , market economy , mathematical economics , artificial intelligence
. Past analysis of public facility location has generally assumed a single goal, such as cost minimization or welfare maximization, and exogenous spatial pricing. This paper considers optimal facility location under a variety of goals. Furthermore, the facility manager is allowed to engage in freight absorption so that the delivered price to consumers need not reflect actual transportation costs. A systematic interaction among management goals, freight absorption, and the optimal size and spacing of public facilities is found.