CONTAINERSHIP ECONOMICS FOR EFFECTIVE DECISION MAKING ANALYSIS

The principles of "production economic" theory are applied to containership economics. The paper indicates how the complex nonlinear problem of selecting the ship container capacity and speed satsifying a given level of demand for container transportation can be solved, utilizing graphical procedures based on production theory. The theory presented in the paper deviates from past procedures of ship optimization in that the optimization problem is examined in the light of transport elasticities, sailing intervals and imperfect competition among containership firms. A containership fleet optimization example utilizing production theory has been included.

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  • Supplemental Notes:
    • Presented at the 19 October 1978 Meeting of the New York Metropolitan Section of SNAME.
  • Corporate Authors:

    Society of Naval Architects and Marine Engineers

    601 Pavonia Avenue
    Jersey City, NJ  United States  07306-2907
  • Authors:
    • Caracostas, N
  • Publication Date: 1979-10

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Filing Info

  • Accession Number: 00301408
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Nov 7 1979 12:00AM