Principles of Network Economics

Principles of Network Economics

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Network problems are manifold and extremely complex. Many problems result from engineering details or mathematical difficulties, others are caused by disregarding economic principles and imperfections of markets. The text provides a fairly integrated approach of transportation related qnetwork problemsq and their qsolutionsq with emphasis on economics or, more precisely, microeconomic theory.Every solution maximizes a term k(x) for the willingness to pay for x minus a travel cost term g(Ac) under the condition of flow conservation x = A h and ... Notice that Vg = c and Vk = E71, which results in the variational inequality problem (4.25).

Title:Principles of Network Economics
Author:Hagen Bobzin
Publisher:Springer Science & Business Media - 2005-12-21


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