Munich Personal RePEc Archive

Locational planning on scenario-based networks

Photis, Yorgos N. (1992): Locational planning on scenario-based networks. Published in: Proceedings of the IV World Congress of the R.S.A.I. , Vol. 1, No. 52 (1992): pp. 87-118.

[thumbnail of MPRA_paper_21794.pdf]

Download (4MB) | Preview


More and more frequently locational planners are faced with the problem of decision making under the condition of uncertainty. In this paper a methodological framework is presented for solving Location - Allocation problems, through the application of the multinomial logit model to data derived from the modification of the characteristics of a given network. The study differs from earlier work in two aspects: First, a utility junction, as a measure of relative attractiveness, is implemented, in order to assign realization probabilities to each alternative scenario. Second, the decisions are made through the utilization of two system - performance criteria. The expected loss and the minimax loss criterion of the optimal solution of each future scenario generated by the decision maker during the problem - solving procedure of th e approach.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.