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Maximin location: Discretization not always works

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Abstract

In this note we show by means of a simple example that, if the maximin problem with (nonlinear) concave increasing utility functions is solved by inspecting the extreme points of the (generalized) Voronoi diagram (as usually proposed), one may have to inspect an infinite number of candidate points.

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The research of the second and third authors is partially supported by Grant PB96-1416-C02-02 of Ministerio de Educación y Cultura, Spain

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Alonso, I., Carrizosa, E. & Conde, E. Maximin location: Discretization not always works. Top 6, 313–319 (1998). https://doi.org/10.1007/BF02564794

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  • DOI: https://doi.org/10.1007/BF02564794

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