Article ID: | iaor19941069 |
Country: | Switzerland |
Volume: | 44 |
Issue: | 1/4 |
Start Page Number: | 277 |
End Page Number: | 298 |
Publication Date: | Oct 1993 |
Journal: | Annals of Operations Research |
Authors: | Gder Faruk, Morris James G., Yoon Seok Hwon |
Keywords: | networks: flow |
An intertemporal, spatial price equilibrium is determined for multiple commodities where the net import of each commodity in a given time period is a linear function of the prices of all commodities in that region and time period. Temporal and spatial flows are subject to fixed unit costs, and quotas in the form of upper bounds. A parallel decomposition scheme exploits characteristics of equilibria.