Modeling port competition from a transport chain perspective
Dong-Ping Song,
Andrew Lyons,
Dong Li and
Hossein Sharifi
Transportation Research Part E: Logistics and Transportation Review, 2016, vol. 87, issue C, 75-96
Abstract:
This paper considers the competition between two ports involving both hinterland shipments and transhipments. Taking a transport chain perspective including deep-sea, port, feeder and inland transportation, we present a static cost model to examine ports’ relative competitiveness and justify the development of game models. A non-cooperative game model is then formulated for a two-ports-one-ocean carrier system. The optimal ports’ pricing and the carrier’s port-of-call decisions are derived. A centralized supply chain model is then discussed. The game model is further extended to uncertain demand situations. A case study of Southampton and Liverpool ports is provided to illustrate the results.
Keywords: Port competition; Container shipping; Transport chain; Game theory; Uncertainty; Congestion (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (31)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:87:y:2016:i:c:p:75-96
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DOI: 10.1016/j.tre.2016.01.001
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