Method of Equilibrium Solution Determination for Ports Operators in Competition Environment

Postan Mykhaylo () and Savel’eva Iryna ()
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Postan Mykhaylo: Odessa National Maritime University
Savel’eva Iryna: Odessa National Maritime University

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 3, 53

Abstract: In our paper, an approach is proposed for determination of equilibrium solutions for several ports operators who are competing among themselves for cargo, i.e. under oligopoly. This approach is a combination of the methods from microeconomics and operations research (non-linear transportation type optimization problem).

Keywords: ports operators; competition; oligopoly; transportation type problem; points of cargo transshipment. (search for similar items in EconPapers)
JEL-codes: C61 D43 (search for similar items in EconPapers)
Date: 2012
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