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Uniqueness of Market Equilibria on Networks with Transport Costs

Vanessa Krebs(vanessa.krebs***at***fau.de)
Martin Schmidt(mar.schmidt***at***fau.de)

Abstract: We study market equilibria for perfect competition in capacitated transport networks. Using piecewise linear and symmetric transport costs, we prove uniqueness of the resulting equilibria under mild assumptions.

Keywords: Market Equilibria, Networks, Transport Costs, Uniqueness, Perfect Competition

Category 1: Applications -- OR and Management Sciences

Category 2: Network Optimization

Category 3: Convex and Nonsmooth Optimization


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Entry Submitted: 11/22/2017
Entry Accepted: 11/22/2017
Entry Last Modified: 11/22/2017

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