The α-reliable mean-excess traffic equilibrium model with stochastic travel times

The α-reliable mean-excess regret model

The α-reliable mean-excess regret model for stochastic facility location modeling

✍ Gang Chen; Mark S. Daskin; Zuo-Jun Max Shen; Stanislav Uryasev 📂 Article 📅 2006 🏛 John Wiley and Sons 🌐 English ⚖ 436 KB

## Abstract In this paper, we study a strategic facility location problem under uncertainty. The uncertainty associated with future events is modeled by defining alternative future scenarios with probabilities. We present a new model called the α‐reliable mean‐excess model that minimizes the expect