Highlights Terminal operators in one port cooperate to defeat competition from external ports. Terminal operators in one port compete with each other to enhance individual terminal performance. Coopetition allows overcoming the trade-off between cooperation and competition. In coopetition, operator incentives change depending on the mix of ownership types. If authorities support coopetition, terminal operators achieve a win-win strategy.
Abstract An intra-port coopetition model is proposed, which simultaneously characterizes both competition and cooperation among terminal operators in a port when competing with operators from external ports. Terminal operators make cooperative efforts to increase port competitiveness, while simultaneously making competitive efforts for price adjustment, cost and/or time reduction at individual terminals. Numerical analysis is performed considering private and public terminals characterized by different profit and social surplus maximization objectives. The results show that operator incentives change depending on the combinations of terminal ownership, and the private terminal tends to behave as a free rider in a public-private combination.
Intra-port coopetition under different combinations of terminal ownership
2019-06-04
17 pages
Article (Journal)
Electronic Resource
English
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