Showing 1 - 10 of 55
Persistent link: https://www.econbiz.de/10010093150
Deterministic congestion pricing has attracted most attentions in the literature. But little attention has been given to pricing under uncertainty, especially for heterogeneous commuters. In this paper, we investigate congestion externalities by considering commuters’ risk preferences and...
Persistent link: https://www.econbiz.de/10010595246
Historically, congestion pricing is considered to be an efficient mechanism used to decrease total social cost by charging users' true costs including congestion externalities. Congestion pricing under uncertainty has been relatively little studied. In this paper, we review the literature on...
Persistent link: https://www.econbiz.de/10008868407
This paper presents a continuous time optimization model for a dynamic pricing and inventory control problem in a dual-channel supply chain system. We consider a manufacturer's redesign of traditional channel structures, based on customer behaviors, by engaging in direct Internet sales. While...
Persistent link: https://www.econbiz.de/10010990678
This paper recognizes that in many decision environments in which revenue optimization is attempted, an actual demand curve and its parameters are generally unobservable. Herein, we describe the dynamics of demand as a continuous time differential equation based on an evolutionary game theory...
Persistent link: https://www.econbiz.de/10005253072
This paper proposes a methodology to generate a robust logistics plan that can mitigate demand uncertainty in humanitarian relief supply chains. More specifically, we apply robust optimization (RO) for dynamically assigning emergency response and evacuation traffic flow problems with time...
Persistent link: https://www.econbiz.de/10009292540
This paper examines supply contract negotiation when buyer's revenue and seller's cost are uncertain. In these circumstances, both the seller and the buyer have an option to determine when to sell and buy, which may influence negotiation outcomes. Thus, we developed a bilateral negotiation model...
Persistent link: https://www.econbiz.de/10009318714
In this paper we present a continuous-time network loading procedure based on the Lighthill–Whitham–Richards model proposed by Lighthill and Whitham (1955) and Richards (1956). A system of differential algebraic equations (DAEs) is proposed for describing traffic flow propagation, travel...
Persistent link: https://www.econbiz.de/10010608657
In the modeling of traffic networks, a signalized junction is typically treated using a binary variable to model the on-and-off nature of signal operation. While accurate, the use of binary variables can cause problems when studying large networks with many intersections. Instead, the signal...
Persistent link: https://www.econbiz.de/10010753660
This paper addresses certain misconceptions regarding what is known and what may be expected when performing sensitivity analyses of network user equilibrium flow patterns. Our presentation relies on a simple observation: any given user equilibrium sensitivity analysis technique should be...
Persistent link: https://www.econbiz.de/10010865552