 THE ROLE OF VARIOUS PLAYERS IN THE PORT INDUSTRY – THEORY AND PRACTICEMaria Boile, Sotirios Theofanis and Lazar Spasovic No 208028, 47th Annual Transportation Research Forum, New York, New York, March 23-25, 2006 from Transportation Research Forum Abstract: This paper examines the role of the various players in the port industry and their interactions, and determines the impact of their actions in port operations. A mathematical approach has been developed to assist port authorities in decision making for infrastructure investment. The model examines the port investment decisions within the context of a multimodal transportation system. Model results are used to answer questions regarding the optimal investment strategy of a port authority in order to maximize the net social benefit; the impact of this strategy to the terminal operators and users; the effect of competition or cooperation between carriers; and the shippers’ behavior in terms of quantity and price of goods shipped over the intermodal network. The paper concludes with a practical interpretation of the results of the theoretical models. Further improvements that would capture real world issues that are not adequately treated by the current models are discussed. Keywords: Industrial Organization; Institutional and Behavioral Economics; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ags:ndtr06:208028 Access Statistics for this paper More papers in 47th Annual Transportation Research Forum, New York, New York, March 23-25, 2006 from Transportation Research Forum |
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