Article
Port pricing: a cost axiomatic approach
The earlier port pricing literature argued that port prices should be based upon marginal cost pricing. However, recent literature suggests that a conflict would arise between marginal cost pricing and full cost recovery at ports. Further, problems arise in determining or estimating marginal costs. A price structure that addresses the problems of port marginal cost pricing is cost axiomatic pricing. This paper argues that cost axiomatic pricing is a practical pricing method for ports, given the goals, objectives and constraints of ports. Fairness and cost efficiency cost axioms for ports are considered. A methodology for determining cost axiomatic prices for a marine container terminal is presented.
Judul | Edisi | Bahasa |
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A business model approach to supply chain management | Vol. 20 Iss 6 pp. 587 - 602 | en |