Port capacity: pricing and investment under uncertainty. The development of a game-theoretical real options model in the maritime chain. University of Antwerp
The market shares, profits and net benefits of ports competing for the same fore- and hinterland can be significantly influenced by the decision when and how much to invest in additional capacity. The ultimate goal of this research is to evaluate and optimize investment and pricing decisions in ports under uncertainty resulting from economic, financial, environmental and technological variations. Port infrastructure projects are characterized as ...