Article

Modeling the effects of competition on seaport terminal awarding

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In the maritime transport industry, a terminal concessi on often specifies the competition conditions during the concession period. This study proposes a game model with which the effects of competition for seaport terminal awards can be studied. The modeling results suggest that
(a) a terminal operator always prefers to control more terminals in the region;
(b) i fall terminal operators expand their operations to every port, they will be worse off due to an increase of inter-and intra-port competitions, asituation similar to the prisoners'dilemma; and
(c) when a port authority has significant market power, it prefers to introduce inter-and intra-port competition, rather than allowing one operator to monopolize all terminals.
(d) multiple equilibri a maybe observed in concession awarding depending on market characteristics associated to aparticular market. Anecdotal observations consistent with these modeling results are presented and discussed.

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Ketersediaan

Informasi Detail

Judul Seri

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No. Panggil

ATC PO YIP M

Penerbit

Hongkong : Elsevier., 2014

Deskripsi Fisik

9 p.

Bahasa

English

ISBN/ISSN

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Klasifikasi

PO

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

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Subjek

Port Competition
Seaports terminal awarding
Intra-port competition
Port concessions

Info Detail Spesifik

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Pernyataan Tanggungjawab

Tsz Leung YIP

Versi lain/terkait

Lampiran Berkas

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