An empirically calibrated shipping model shows rerouting reduces some immediate port losses but raises cumulative arrival shortfalls that grow with closure duration, at 3.0% per day for Suez and 7.7% for triple chokepoint closures.
Contracting practices in bulk shipping markets: A transactions cost explanation.The Journal of Law and Economics, 36(2):937–976, 1993
1 Pith paper cite this work. Polarity classification is still indexing.
1
Pith paper citing it
fields
physics.soc-ph 1years
2026 1verdicts
UNVERDICTED 1representative citing papers
citing papers explorer
-
Adaptive rerouting reshapes impacts of maritime chokepoint disruptions
An empirically calibrated shipping model shows rerouting reduces some immediate port losses but raises cumulative arrival shortfalls that grow with closure duration, at 3.0% per day for Suez and 7.7% for triple chokepoint closures.