Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
992761 | The Asian Journal of Shipping and Logistics | 2010 | 17 Pages |
Abstract
Fierce inter-port competition requires to strategically consider the roles port size and incentives play in a port user's port selection. This paper contributes to literature by developing a simple game-theoretic model to address this particular issue. We demonstrate that once port is selected the port size and the administered incentive level positively influences the level of port user's production; that the port's marginal cost incentive rate can change the firm's location given the relative size of the ports; the changes in the incentive level set at one port should be more than the inversed relative port size to the other port.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics, Econometrics and Finance (General)
Authors
Jung-soo Seo, Yeong-sok Ha,