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

Maria Boile, Sotiris Theofanis, Lazar Spasovic

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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.

Original languageEnglish (US)
Title of host publication47th Annual Transportation Research Forum 2006
Pages879-899
Number of pages21
StatePublished - Dec 1 2006
Event47th Annual Transportation Research Forum 2006 - New York, NY, United States
Duration: Mar 23 2006Mar 25 2006

Publication series

Name47th Annual Transportation Research Forum 2006
Volume1

Other

Other47th Annual Transportation Research Forum 2006
CountryUnited States
CityNew York, NY
Period3/23/063/25/06

All Science Journal Classification (ASJC) codes

  • Computer Science Applications
  • Management Science and Operations Research
  • Automotive Engineering
  • Transportation

Fingerprint Dive into the research topics of 'The role of various players in the port industry - Theory and practice'. Together they form a unique fingerprint.

Cite this