With the promotion of mode cooperation and integration in international trade transport in the context of intense globalization, vertical integration between container ports and liners, two key players in container transport chains, often leads to horizontal collusion between container ports. By establishing an infinitely repeated game with discrete time periods, this paper explores the interrelation, the possibility and the stability of the coexistence between vertical integration and horizontal collusion. Our primary finding is that vertical integration and horizontal collusion have mutually reinforcing effects. In particular, the former results in an increase in shippers’ surplus at the expense of the latter.
Does vertical integration lead to horizontal collusion in container transport chains?
Maritime Policy & Management ; 49 , 5 ; 702-715
04.07.2022
14 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
China , Container transport chain , reinforcing effect This article is a revised and expanded version of a paper entitled ‘Decentralized versus Centralized Collusion in the Maritime Container Transportation: an Empirical test for the Maritime Silk Road’ presented at the 3rd International Conference of the Yangtze River Research and Innovation Belt , Ningbo , 5-7 November 2020 , horizontal collusion , infinitely repeated game , vertical integration
Airport and airlines competition: Incentives for vertical collusion
Online Contents | 2009
|Airport and airlines competition: Incentives for vertical collusion
Online Contents | 2009
|Innovative Container Terminals to Improve Global Container Transport Chains
Springer Verlag | 2014
|Port automatic driving container horizontal transport vehicle
Europäisches Patentamt | 2021
|TRANSPORT SYSTEM WITH VERTICAL AND HORIZONTAL TRANSPORT SUBSYSTEMS
Europäisches Patentamt | 2024
|