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This paper provides a game theory foundation for port concession agreements, using the incentive mechanism design. This study identifies the post contractual moral hazard problem, and provides a model involving performance-based concession fees to align successfully the Port Authorities’...
Persistent link: https://www.econbiz.de/10010785148
This paper presents a New Coastal Liner Route Design Model (NCLRDM) for coastal intermodal networks based on the user equilibrium assignment model (UE model). The NCLRDM can determine ports of call, call sequence, ship type and service frequency simultaneously with the objective of minimizing...
Persistent link: https://www.econbiz.de/10010754975