J O Jansson, D. Shneerson
Abstract
There are economies of trade density in liner shipping, but they are not enough to preclude social optimal pricing. trade density has hardly any effect on freight rates.
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There are economies of trade density in liner shipping, but they are not enough to preclude social optimal pricing. trade density has hardly any effect on freight rates.
Key concepts: Economies of scale, Deregulation, Competition (biology), Marginal cost, Economics, Industrial organization, Scale (ratio), Predatory pricing