@inproceedings{03f6e4654d07459b96b3ac46631bff97,
title = "The role of various players in the port industry - Theory and practice",
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.",
author = "Maria Boile and Sotiris Theofanis and Lazar Spasovic",
year = "2006",
language = "English (US)",
isbn = "9781618394071",
series = "47th Annual Transportation Research Forum 2006",
pages = "879--899",
booktitle = "47th Annual Transportation Research Forum 2006",
note = "47th Annual Transportation Research Forum 2006 ; Conference date: 23-03-2006 Through 25-03-2006",
}