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Bidding Competition Between Carriers in Maritime Tenders

Pierre Cariou & Francois-Charles Wolff

Journal of Transport, Economics and Policy2025https://doi.org/10.3828/jtep.2025.59.2.137article
AJG 1ABDC B
Weight
0.50

What the paper says

This paper focuses on bidding competition among carriers in the ocean container industry. Using a data set of 23,614 bids from nine carriers by a European retailer in 2017, we apply a hedonic pricing framework to identify differences in the average bids. We find that differences between carriers have little impact on the variation in bids. We further disentangle differences at the contract level using conditional fixed-effect Logit regressions. Among the various carriers, the Chinese state-owned carrier COSCO is much more likely to submit a lower bid than its competitors when there are many bidders.

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Cite this paper

https://doi.org/https://doi.org/10.3828/jtep.2025.59.2.137

Or copy a formatted citation

@article{pierre2025,
  title        = {{Bidding Competition Between Carriers in Maritime Tenders}},
  author       = {Pierre Cariou & Francois-Charles Wolff},
  journal      = {Journal of Transport, Economics and Policy},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.3828/jtep.2025.59.2.137},
}

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Bidding Competition Between Carriers in Maritime Tenders

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.