Close this search box.

A Model of Liner Price Setting

A Model of Liner Price Setting

An analysis of shipowners' behaviour as members of a liner conference leads Dr. Abrahamsson to conclude that the price-setting practices of conferences result not only from rising costs and price maximisation but from monopoly power and compensatory increases for "losses" incurred by selling surplus capacity below average cost in the tramp market.

Share Content


Related Articles

Optimal Public transport Price and Service Frequency

Because values of time and passenger behaviour depend on the level of frequency it is found that: (1) in urban public transport there may be one low-deficit local optimum and one high-deficit local optimum, one of which is global; (2) contrary to what might be expected, optimal financial deficit per passenger is typically larger for high frequency services than for low-frequency services; (3) the optimal off-peak may exceed the optimal peak price.

View Journal »