Ishii, Masahiro; Lee, Paul Tae-Woo; Tezuka, Koichiro; … - In: Transportation Research Part E: Logistics and … 49 (2013) 1, pp. 92-106
This paper examines the effect of inter-port competition between two ports by applying a game theoretical approach. We construct a non-cooperative game theoretic model where each port selects port charges strategically in the timing of port capacity investment. We derive the Nash equilibrium and...