Uniqueness of market equilibria on networks with transport costs

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 mode...

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Bibliographic Details
Main Authors: Vanessa Krebs, Martin Schmidt
Format: Article
Language:English
Published: Elsevier 2018-01-01
Series:Operations Research Perspectives
Online Access:http://www.sciencedirect.com/science/article/pii/S2214716018300319