Browse > Article

Pricing the Seaport Service according to the Cost Allocation Rule of Game Theory  

Park, Byung-In (전남대학교 물류학전공)
Sung, Souk-Kyung (전남대학교 경상학부)
Publication Information
Journal of Korea Port Economic Association / v.28, no.4, 2012 , pp. 257-274 More about this Journal
Abstract
Since service competition among global supply chains became intensified, market-oriented system, instead of the existing cost-based system, for port service pricing has been strongly recommended in order to enhance their long-term viability and competitiveness. The Owen value of cooperative game frameworks allows us to apply a market-oriented pricing theory for the port pricing in the case of Gwangyang port to verify its usefulness. The analytical results of this paper suggested some solutions in the problem of berth-based cost allocation by a characteristic function and also showed the proper relative weights of factors to derive the quay use index by Budescu(1993). We also suggested a favorable port pricing system to major shipping firms as well as a discount port pricing system for their strategic alliance. To put it differently, the results of this study enable the port managers to make out some strategic port pricing system like the reasonable discount in port charge for the larger ship owners using the ports frequently.
Keywords
Cooperative Game Theory; Port Service Price; Owen Value; Shapley Value; Cost Allocation; Relative Weights;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Littlechild, S. C. & G. Owen (1973), "A Simple Expression for the Shapley Value in a Special Case," Management Science, 20(3), pp.370-372.   DOI   ScienceOn
2 Min, H. & Z. Guo (2004), "The Location of Hub-Seaports in the Global Supply Chain Network Using a Cooperative Competition Strategy," International Journal of Integrated Supply Management, 1(1), pp.51-63.   DOI   ScienceOn
3 Owen, G. (1977), "Values of Games with a priori Unions,"in: Henn, R. & O. Moeschlin (Eds.), Mathematical Economics and Game Theory, Springer Verlag, Berlin, pp.76-88.
4 Peleg, B. & P. Sudholter (2003), Introduction to the Theory of Cooperative Games, Kluwer Academic Publishers, the Netherlands.
5 Saeed, N. & O. I. Larsen (2010a), "Container Terminal Concessions: A Game Theory Application to the Case of the Ports of Pakistan," Maritime Economics and Logistics, 12(3), pp.237-262.   DOI   ScienceOn
6 Saeed, N. & O. I. Larsen (2010b), "An Application of Cooperative Game among Container Terminals of One Port," European Journal of Operational Research, 203, pp.393-403.   DOI   ScienceOn
7 Shapley, L. S. (1953), "A Value for n-person Games," In: Tucker, A. W., H. Kuhn (Eds.), Contributions to the Theory of Games II, Princeton University Press, Princeton, pp.307-317.
8 Talley, W. K. (1994), "Port Pricing: A Cost Axiomatic Approach," Journal of Maritime Policy and Management, 21(1), pp.61-76.   DOI   ScienceOn
9 Vazquez-Brage, M., A. van den Nouweland, and I. Garcia-Jurado (1997), "Owen's Coalitional Value and Aircraft Landing Fees," Mathematical Social Sciences, 34, pp.273-286.   DOI   ScienceOn
10 국토해양부(2011), 무역항의 항만시설 사용 및 사용료에 관한 규정, 국토해양부고시 제2011-841호, 국토해양부 항만운영과, 2011.12
11 박병인.성숙경(2011), "협조적 게임이론에 의한 선사의 시설사용료 우대방법", 물류학회지, 21권 2호, pp.181-204.
12 성숙경(2008a), "게임이론 접근법에 의한 부산항 컨테이너부두의 비용배분에 관한 연구", 한국항만경제학회지, 24권 3호, pp.27-39.
13 성숙경(2008b), "협조적 게임이론을 응용한 부두건설비용 배분", 해운물류연구, 59호, pp.155-174.
14 Anderson, C. M., Y.-A. Park, Y.-T. Chang, C.-H. Yang, T.-W. Lee, and M. Luo (2008), "A Game-Theoretic Analysis of Competition among Container Port Hubs: the Case of Busan and Shanghai," Maritime Policy and Management, 35(1), pp.5-26.   DOI   ScienceOn
15 Azen, R. & D. V. Budescu(2003), "The Dominance Analysis Approach for Comparing Predictors in Multiple Regression," Psychological Methods, 8(2), pp.129-148.
16 Bergantino, A. S. & L. Coppejans (2000), "Shipowner Preferences and User Charges: Allocating Port Infrastructure Costs," Transportation Research Part E, 36, pp.97-113.   DOI   ScienceOn
17 Budescu, D. V.(2003), "Dominance Analysis : A New Approach to the Problem of Relative Importance of Predictors in Multiple Regression," Psychological Bulletin, 114(3), pp. 542-551.
18 Cachon, G. P(2003), "Ch. 6 Supply Chain Coordination with Contracts," Handbooks in Operations Research and Management Science: Supply Chain Management, Graves, S. & T. Kok ed., North-Holland.
19 ESCAP (2002), Comparative Analysis of Port Tariffs in the ESCAP Region, ST/ESCAP/2190
20 Kaselimi, E. N., T. E. Notteboom, and B. D. Borger (2010), "A Game Theoretical Approach to Competition between Multiuser Terminals: The Impact of Dedicated Terminals," 2010 Annual Conference of the International Association of Maritime Economists, Lisbon, 7-9 July, 2010.
21 Littlechild, S. C. & G. F. Thompson (1977), "Aircraft Landing Fees: a Game Theory Approach," The Bell Journal of Economics, 8, pp.186-204   DOI   ScienceOn