In this paper we present a model that studies firm mergers in a spatial setting. A new model is formulated that addresses the issue of finding the number of branches that have to be eliminated by a firm after merging with another one, in order to maximize profits. The model is then applied to an...

Economics has been a non-experimental science for a long time. In just a few decades economics was profoundly transformed : today the experimental method is a legitimate tool in the hands of economists. A proper history of experimental economics is yet to be written. The purpose of the article...

New location models are presented here for exploring the reduction of facilities in a region. The first of these models considers firms ceding market share to competitors under situations of financial exigency. The goal of this model is to cede the least market share, i.e., retain as much of the...

This paper introduces the approach of using TURF analysis to design a product line through a binary linear programming model. This improves the efficiency of the search for the solution to the problem compared to the algorithms that have been used to date. Furthermore, the proposed technique...

The authors propose a model for locating a fixed number of multiple-server service centers or facilities that may become congested. Customers arriving at these centers must wait in line until served. The locations of the facilities and the allocations of customers to them are chosen by the...