Liner costs and pricing polices: a reconsideration of regulatory issues |
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Authors: | J A Zerby R M Conolon |
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Institution: |
a University of New South Wales, Kensington, Australia |
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Abstract: | A number of shipping analysts have adopted as a convenient approximations, the assumption that linear costa are homogeneous per unit of cargo. The paper points to recent evidence suggesting that considerable differences exist in the estimates of implicit marginal cost for various types of cargo, and re-evaluates the regulatory arguments which are based on the assumption of homogeneity of costs. |
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