The use of equilibrium network models in logistics management: With application to the U.S. coal industry |
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Authors: | Patrick T. Harker Terry L. Friesz |
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Affiliation: | Department of Decision Sciences, The Wharton School, University of Pennsylvania, Philadelphia, PA 19104, USA |
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Abstract: | This paper discusses the use in logistics management of the freight network equilibrium model, developed in Harker and Friesz (1985a, b), called the Generalized Spatial Price Equilibrium Model, or GSPEM. After this discussion, computational techniques for solving this model are presented. The application of GSPEM to the analysis of the U.S. coal economy is then presented and future extensions of this line of research are discussed. |
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