A New Paradigm of Transport in the Wake of a New Age?

Yücel Candemir ()
Additional contact information
Yücel Candemir: Istanbul Technical University

A chapter in New Perspectives in Operations Research and Management Science, 2022, pp 583-603 from Springer

Abstract: Abstract In the present process of development, connectivity as sine qua non of the contemporary global economy, it has risen to prominence to define the trends of the twenty-first century. As this concept has physical and digital dimensions, it takes place on a network basis in the present global economy and is an attribute of these networks and is a measure of the quality of their performance. Our envisaged game depends on this mimesis, performed by the actions of real-world players like businesses, agencies of governmental and international agencies at both global and local levels on themes determined by the rules of the time. The rules are set by the institutional and technological setup. In the meantime, the background is subject to a permanent change. The aim of our study is to investigate the working of the global economy structured around the framework we summarized. Our methodology is rather theoretical based on a model which comprises the basic sectors of the economy and the interconnections between them. We come to the conclusion that the world is passing through another revolutionary transformation period which will determine the future structure of the world economy. It is important to reduce the costs of a transformation process if and when we develop an analytic framework beneficial for workable policy making.

Keywords: New Paradigm; Transformation; Connectivity; Unbundling; New age (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-030-91851-4_22

Ordering information: This item can be ordered from
http://www.springer.com/9783030918514

DOI: 10.1007/978-3-030-91851-4_22

Access Statistics for this chapter

More chapters in International Series in Operations Research & Management Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().