Nash bargaining of transportation rates with flow imbalances

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dc.contributor.authorSinger, Marcos
dc.contributor.authorPardo, Ignacio
dc.contributor.authorSanchez, Ricardo J.
dc.date.accessioned2025-01-20T21:08:39Z
dc.date.available2025-01-20T21:08:39Z
dc.date.issued2022
dc.description.abstractConsider two points, A and B, which trade products with a flow imbalance. We postulate that shippers at A face an implicit negotiation with the shippers at B regarding who must bear the cost of a vehicle travelling back and forth. Following the Nash bargaining model, we deduce that the ratio (freight rate A-to-B)/(freight rate B-to-A) changes linearly with the ratio (flow B-to-A)/(flow A-to-B). We validate our model with evidence from previous publications and with quarterly data from the Transatlantic, Transpacific and Europe-Asia maritime routes from 2003 to 2012.
dc.fuente.origenWOS
dc.identifier.doi10.1504/IJSTL.2022.122412
dc.identifier.eissn1756-6525
dc.identifier.issn1756-6517
dc.identifier.urihttps://doi.org/10.1504/IJSTL.2022.122412
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/93485
dc.identifier.wosidWOS:000787878300002
dc.issue.numero3
dc.language.isoen
dc.pagina.final237
dc.pagina.inicio222
dc.revistaInternational journal of shipping and transport logistics
dc.rightsacceso restringido
dc.subjecttransportation rates
dc.subjectflow imbalances
dc.subjectNash bargaining
dc.subjectmaritime routes
dc.subjectbackhaul problem
dc.subject.ods11 Sustainable Cities and Communities
dc.subject.odspa11 Ciudades y comunidades sostenibles
dc.titleNash bargaining of transportation rates with flow imbalances
dc.typeartículo
dc.volumen14
sipa.indexWOS
sipa.trazabilidadWOS;2025-01-12
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