The role of various players in the port industry - Theory and practice

Document Type

Conference Proceeding

Publication Date

12-1-2006

Abstract

This paper examines the role of the various players in the port industry and their interactions, and determines the impact of their actions in port operations. A mathematical approach has been developed to assist port authorities in decision making for infrastructure investment. The model examines the port investment decisions within the context of a multimodal transportation system. Model results are used to answer questions regarding the optimal investment strategy of a port authority in order to maximize the net social benefit; the impact of this strategy to the terminal operators and users; the effect of competition or cooperation between carriers; and the shippers' behavior in terms of quantity and price of goods shipped over the intermodal network. The paper concludes with a practical interpretation of the results of the theoretical models. Further improvements that would capture real world issues that are not adequately treated by the current models are discussed. © (2006) by the Transportation Research Forum All rights reserved.

Identifier

84883783804 (Scopus)

ISBN

[9781618394071]

Publication Title

47th Annual Transportation Research Forum 2006

First Page

879

Last Page

899

Volume

1

This document is currently not available here.

Share

COinS