Authors: Athanasia Karakitsiou; Athanasios Migdalas
Addresses: Department of Business Administration, Technological Educational Institute of Central Macedonia, 62100, Serres, Greece ' Industrial Logistics, ETS Institute, Luleå University of Technology, 971 87 Luleå, Sweden; Department of Civil Engineering, Aristotle University of Thessalonike, 54124, Thessalonike, Greece
Abstract: In a non-cooperative game, a Nash equilibrium corresponds to a set of strategies, which ensure that none of the players are better off by unilaterally changing his strategy. This work focuses on the application of Nash Equilibrium to the competitive facility location. Its aim is to provide an up to date review of the literature concerning the discrete version of the problem.
Keywords: non-cooperative games; competitive location; Nash equilibrium; facility location; literature review.
International Journal of Decision Support Systems, 2016 Vol.2 No.1/2/3, pp.4 - 12
Received: 10 Dec 2015
Accepted: 22 Jan 2016
Published online: 23 Jan 2017 *