.png){kind=icon}
.png){kind=icon}
Return
Should the landlord port authority negotiate concession contracts with terminal operators?
.png){kind=icon}
PRE
AI
W
S
H
DOI：10.1016/j.retrec.2026.101760.png)
.png){kind=icon}
Original request for help.png){kind=icon}
Share.png){kind=icon}
Save
Abstract
En 中文
• This study examines the formulation of concession contracts through negotiations involving a landlord port authority and two terminal operators. • For identical marginal costs and reserved payoffs of operators, the optimal contract is a two-part tariff or a unit-fee structure, while for disparities in these factors, a fixed-fee contract may also be optimal. • Once considering bargaining, port authority's fee revenues decrease, while each operator's profits can increase. • However, the total payoff of all parties does not rise when operators are symmetric, though it may increase under operator asymmetry. • These findings suggest that bargaining over concession contracts benefits all parties only under specific conditions of operator asymmetry.
Keywords:
concession contracts
port authority
terminal operators
bargaining
two-part tariff
Journal
IF:
3.4
Papers:
243
Citations:
3.1K
Organization
Cited Papers