Research output: Contribution to journal › Article › peer-review
Пространственное рыночное равновесие в случае линейных транспортных затрат. / Krylatov, A. Y.; Lonyagina, Y. E.; Golubev, R. I.
In: Vestnik Sankt-Peterburgskogo Universiteta, Prikladnaya Matematika, Informatika, Protsessy Upravleniya, Vol. 16, No. 4, 12.2020, p. 447-454.Research output: Contribution to journal › Article › peer-review
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TY - JOUR
T1 - Пространственное рыночное равновесие в случае линейных транспортных затрат
AU - Krylatov, A. Y.
AU - Lonyagina, Y. E.
AU - Golubev, R. I.
N1 - Conference code: 4
PY - 2020/12
Y1 - 2020/12
N2 - In this article, we study the spatial market equilibrium in the case of fixed demands and supply values, the requirement of equality in regard to overall supply and overall demand, and linear transportation costs. The problem is formulated as a nonlinear optimization program with dual variables reflecting supply and demand prices. It is shown that the unique equilibrium commodity assignment pattern is obtained explicitly via equilibrium prices. Moreover, it is proved that in order to obtain absolute values of equilibrium prices, it is necessary to establish a certain base market price. Therefore, once the base market price is given, then other prices are adjusted according to spatial market equilibrium.
AB - In this article, we study the spatial market equilibrium in the case of fixed demands and supply values, the requirement of equality in regard to overall supply and overall demand, and linear transportation costs. The problem is formulated as a nonlinear optimization program with dual variables reflecting supply and demand prices. It is shown that the unique equilibrium commodity assignment pattern is obtained explicitly via equilibrium prices. Moreover, it is proved that in order to obtain absolute values of equilibrium prices, it is necessary to establish a certain base market price. Therefore, once the base market price is given, then other prices are adjusted according to spatial market equilibrium.
KW - Karush—Kuhn—Tucker conditions
KW - Multipliers of Lagrange
KW - Non-linear optimization
KW - Spatial market equilibrium
UR - http://www.scopus.com/inward/record.url?scp=85101337228&partnerID=8YFLogxK
U2 - 10.21638/11701/SPBU10.2020.409
DO - 10.21638/11701/SPBU10.2020.409
M3 - статья
AN - SCOPUS:85101337228
VL - 16
SP - 447
EP - 454
JO - ВЕСТНИК САНКТ-ПЕТЕРБУРГСКОГО УНИВЕРСИТЕТА. ПРИКЛАДНАЯ МАТЕМАТИКА. ИНФОРМАТИКА. ПРОЦЕССЫ УПРАВЛЕНИЯ
JF - ВЕСТНИК САНКТ-ПЕТЕРБУРГСКОГО УНИВЕРСИТЕТА. ПРИКЛАДНАЯ МАТЕМАТИКА. ИНФОРМАТИКА. ПРОЦЕССЫ УПРАВЛЕНИЯ
SN - 1811-9905
IS - 4
T2 - Stability and Control Processes
Y2 - 5 October 2020 through 9 October 2020
ER -
ID: 74602385