Matsushima, Noriaki; Takauchi, Kazuhiro - In: Transportation Research Part B: Methodological 67 (2014) C, pp. 382-397
We investigate the effects of port privatization on port usage fees, firm profits, and welfare. Our model consists of … an international duopoly with two ports and two markets. When the unit transport cost is high, port privatization reduces … port usage fees, although neither government has an incentive to privatize its port. The equilibrium governmental decisions …