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The time dimension and value of flexibility in resource allocation : the case of the maritime industry
Axarloglou, Kostas; Visvikis, Ilias; Zarkos, Stefanos - In: Transportation research / E : an international journal 52 (2013), pp. 35-48
Persistent link: https://www.econbiz.de/10009735736
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THE TIME DIMENSION AND VALUE OF FLEXIBILITY IN RESOURCE ALLOCATION: THE CASE OF THE MARITIME INDUSTRY
Axarloglou, Kostas; Visvikis, Ilias; Zarkos, Stefanos - Department of Economics, Democritus University of Thrace - 2012
The paper analyses empirically the time-varying properties of the spread between voyage and time-charter rates and presents evidence that these properties are directly related to the business cycle (market demand) of the maritime industry, to the expectations for the future market demand and to...
Persistent link: https://www.econbiz.de/10010840496
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The time dimension and value of flexibility in resource allocation: The case of the maritime industry
Axarloglou, Kostas; Visvikis, Ilias; Zarkos, Stefanos - In: Transportation Research Part E: Logistics and … 52 (2013) C, pp. 35-48
The study empirically analyses the time-varying properties of the spread between voyage and time-charter rates and presents evidence that these properties are directly related to the business cycle (market demand) of the maritime industry, to the expectations for the future market demand and to...
Persistent link: https://www.econbiz.de/10010755122