Download or read book Using Variational Inequalities to Solve Spatial Price Equilibrium Models with Ad Valorem Tariffs and Activity Analysis written by Charles F. Nicholson and published by . This book was released on 1994 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Working Paper written by and published by . This book was released on 1994 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book INFORMS Conference Program written by Institute for Operations Research and the Management Sciences. National Meeting and published by . This book was released on 1995 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Spatial Price Equilibrium Advances in Theory Computation and Application written by Patrick T. Harker and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problem of predicting interregional commodity movements and the regional prices of these commodities has intrigued economists, geographers and operations researchers for years. In 1838, A. A. Cournot (1838) discussed the equilibrium of trade between New York and Paris and noted how the equilibrium prices depended upon the transport costs. Enke (1951) recognized that this problem of predicting interregional flows and regional prices could be formulated as a network problem, and in 1952, . Paul Samuelson (1952) used the then recent advances in mathe matical programming to formalize the spatial price equilibrium problem as a nonlinear optimization problem. From this formula tion, Takayama and Judge (1964) derived their quadratic program ming representation of the spatial price equilibrium problem, which they and other scholars then applied to a wide variety of problem contexts. Since these early beginnings, the spatial price equilibrium problem has been widely studied, extended and applied; the paper by Harker (1985) reviews many of these results. In recent years, there has been a growing interest in this problem, as evidenced by the numerous publications listed in Harker (1985). The reasons for this renewed interest are many. First, new applications of this concept have arisen which challenge the theoretical underpinnings of this model. The spatial price equilibrium concept is founded on the assumption of perfect or pure competition. The applications to energy markets, steel markets, etc. have led scholars to rethink the basic structure of this model.
Download or read book Tariffs and Quotas in World Trade written by Anna Nagurney and published by . This book was released on 2020 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we develop a unified variational inequality framework in the context of spatial price network equilibrium problems that captures world trade policies in the form of tariff rate quotas, which are two-tiered tariffs, and that have been applied in practice to numerous commodities. The spatial price network equilibrium model allows for multiple supply markets and multiple demand markets in different countries as well as multiple transportation routes. The model is qualitatively analyzed and also related to models with trade policies such as ad valorem tariffs and strict quotas. A case study on the dairy industry focusing on the United States and France is presented to illustrate the modeling and computational framework with impacts of stricter quotas, higher over quota tariffs, as well as additional transportation routes assessed. The numerical examples reveal that although domestic producers can gain under tariff rate quotas, consumers may experience higher prices. Given the relevance of tariffs to global trade in the world today and discussions concerning the impacts, the framework constructed in this paper is especially timely.
Download or read book On the Option Value of Old growth Timber written by Jon M. Conrad and published by . This book was released on 1995 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Department Series Publications written by and published by . This book was released on 1999 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book R B written by and published by . This book was released on 1994 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dairy Market Impacts of US Milk Protein Imports and Trade Policy Alternatives written by Phillip Michael Bishop and published by . This book was released on 2004 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Checklist of Official Publications of the State of New York written by New York State Library and published by . This book was released on 1995 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Combined Relaxation Methods for Variational Inequalities written by Igor Konnov and published by Springer. This book was released on 2011-04-27 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Variational inequalities proved to be a very useful tool for investigation and solution of various equilibrium type problems arising in Economics, Operations Research, Mathematical Physics, and Transportation. This book is devoted to a new general approach to constructing solution methods for variational inequalities, which was called the combined relaxation approach. This approach is rather flexible and allows one to construct various methods both for single-valued and for multi-valued variational inequalities, including nonlinear constrained problems. The other essential feature of the combined relaxation methods is that they are convergent under very mild assumptions. The book can be viewed as an attempt to discribe the existing combined relaxation methods as a whole.
Download or read book Spatial Price Equilibrium with Information Asymmetry in Quality and Minimum Quality Standards written by Anna Nagurney and published by . This book was released on 2016 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, a spatial price equilibrium model with information asymmetry in quality is developed. Producers at the supply markets are aware of the quality of their products, whereas consumers, located at the demand markets, are aware only of the average quality of the products that are shipped to their demand markets. We derive the governing equilibrium conditions, along with the variational inequality formulation. We then extend the model to include policy interventions in the form of minimum quality standards and provide an integrated variational inequality formulation of both models. We introduce a dynamic adjustment process for the evolution of the product shipments and quality levels over time and formulate it as a projected dynamical system. We establish qualitative results, in the form of existence, uniqueness, and stability analysis. An algorithm is proposed, along with a convergence proof. The algorithm tracks the evolution of the product shipment and quality level pattern until an equilibrium is achieved and, at each iteration, yields closed form expressions for the computation of the product shipments and quality levels. It is then utilized to compute solutions to a spectrum of spatial price equilibrium numerical examples in order to explore the impacts of information asymmetry under different scenarios.This work adds to the growing research on spatial competition and product quality but is the first to incorporate information asymmetry of this specific form in both equilibrium and dynamic model versions.
Download or read book Bibliography of Agriculture written by and published by . This book was released on 1998 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Geography of Competition written by John R. Miron and published by Springer Science & Business Media. This book was released on 2010-03-16 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive, up-to-date, and expert synthesis of location theory. What are the impacts of a firm’s geographic location on the locations of customers, suppliers, and competitors in a market economy? How, when, and why does this result in the clustering of firms in space? When and how is society made better or worse off as a result? This book uses dozens of locational models to address aspects of these three questions. Classical location problems considered include Greenhut-Manne, Hitchcock-Koopmans, and Weber-Launhardt. The book reinterprets competitive location theory, focusing on the linkages between Walrasian price equilibrium and the localization of firms. It also demonstrates that competitive location theory offers diverse ideas about the nature of market equilibrium in geographic space and its implications for a broad range of public policies, including free trade, industrial policy, regional development, and investment in infrastructure. With an extensive bibliography and fresh, interdisciplinary approach, the book will be an invaluable reference for academics and researchers with an interest in regional science, economic geography, and urban planning, as well as policy advisors, urban planners, and consultants.
Download or read book Using a Joint input Multi product Formulation to Improve Spatial Price Equilibrium Models written by Phillip M. Bishop and published by . This book was released on 1994 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Heterogeneous Computing Workshop April 25 1995 written by IEEE Computing Society. Technical Committee on Parallel Processing and published by . This book was released on 1995 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Parallel Method Based on Successive Overrelaxation for Spatial Price Equilibrium Problems on Networks with Gains and Losses written by Seok H. Yoon and published by . This book was released on 1991 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
