The variance equity measure in locational decision theory

O. Maimon*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

39 Scopus citations

Abstract

Classical location theories and models were initially developed for the private sector, so that the related operational research literature has emphasized performance measures of efficiency and effectiveness. For public sector applications, measures of equity become important, yet such measures have received little formal treatment. This paper suggests a locational equity measure, the variance measure, and investigates its properties for tree networks. A fast algorithm (O(M)) to locate the minimum variance point on a tree network is developed, and some numerical results illustrate the variance optimal location.

Original languageEnglish
Pages (from-to)147-160
Number of pages14
JournalAnnals of Operations Research
Volume6
Issue number5
DOIs
StatePublished - May 1986
Externally publishedYes

Keywords

  • Public sector
  • algorithm
  • locational equity
  • tree network

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