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This study aims to explore the impact of changing the number of shipping lines on ports' charges and profits. A two-stage non-cooperative game-theoretic model is developed with two ports and multiple identical shipping lines. At the first stage, the ports decide their container handling charges....
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We study capacity decisions in a service environment with seasonal arrival rates and strategic customers. Due to seasonality, the firm uses a postponement strategy where compensation is given to the peak-time customers who cannot be served in the peak time and agree to delay service. We extend...
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Asymmetric information within a transaction can harm a stakeholder who is not aware of the disparity of the information provided. Understanding the relationship and interactions between stakeholders in a transaction is imperative in making an informed decision. This is of vital importance in...
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