Title
Shipowner preferences and user charges : allocating port infrastructure costs Shipowner preferences and user charges : allocating port infrastructure costs
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
Exeter ,
Subject
Economics
Mathematics
Source (journal)
Transportation research: part E: logistics and transportation review. - Exeter
Volume/pages
36(2000) :2 , p. 97-113
ISSN
1366-5545
ISI
000086314600002
Carrier
E
Target language
English (eng)
Full text (Publishers DOI)
Affiliation
University of Antwerp
Abstract
The main aim of this paper is to present a pricing mechanism appropriate for allocating common maritime infrastructure cost which would allow not only a fair and efficient allocation, but also, a solution which would take into account demand characteristics assuring a realistic interpretation of market's behaviour. The proposed solution concept is that of the "ratio equilibrium". Its main qualities consist in guaranteeing a balanced budget, and being - from a strategic point of view - a stable solution. In other words, no port user will be discouraged from using the infrastructure by the assignment of a cost-share that is too high. This latter feature adds a competitive element into the calculations and can be considered as an innovative feature of this analysis. A numeric example is presented. (C) 2000 Elsevier Science Ltd. All rights reserved.
E-info
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