transport costs

Uniqueness of Market Equilibria on Networks with Transport Costs

  • Vanessa Krebs
  • Martin Schmidt
    • Categories Applications - OR and Management Sciences, Convex and Nonsmooth Optimization, Network Optimization Tags , , , ,

    We study the existence and uniqueness of equilibria for perfectly competitive markets in capacitated transport networks. The model under consideration is rather general so that it captures basic aspects of related models in, e.g., gas or electricity networks. We formulate the market equilibrium model as a mixed complementarity problem and show the equivalence to a … Read more