首页 | 本学科首页   官方微博 | 高级检索  
   检索      


Competitive location and capacity decisions for firms serving time‐sensitive customers
Authors:Anthony M Kwasnica  Euthemia Stavrulaki
Institution:1. Department of Insurance and Real Estate, Pennsylvania State University, 332 Business Building, University Park, Pennsylvania 16802;2. Management Department, Bentley College, Waltham, Massachusetts 02452
Abstract:In this article we explore how two competing firms locate and set capacities to serve time‐sensitive customers. Because customers are time‐sensitive, they may decline to place an order from either competitor if their expected waiting time is large. We develop a two‐stage game where firms set capacities and then locations, and show that three types of subgame perfect equilibria are possible: local monopoly (in which each customer is served by a single firm, but some customers may be left unserved), constrained local monopoly (in which firms serve the entire interval of customers but do not compete with each other), and constrained competition (in which firms also serve the entire interval of customers, but now compete for some customers). We perform a comparative statics analysis to illustrate differences in the equilibrium behavior of a duopolist and a coordinated monopolist. © 2008 Wiley Periodicals, Inc. Naval Research Logistics, 2008
Keywords:spatial competition  location  capacity
设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号