engleski

Application of transaction costs to choice of transport corridors

Use of an economic metaphor for a global virtual logistic organisation leads to motivating self interested parties to achieve mutual satisfactory and efficient outcomes. Efficiency, in this sense, is maximised when redistributing the trade surplus leaves everyone at least as well as before. Simulation of economic aspects of transport logistic chain is currently under the way at Rijeka college of maritime studies. The primary aspects are transaction costs and vertical integration. The pap er introduces theoretical foundations and results of the research. The model is very complex. We have recognized 103 different documents and 24 different kind of firms in the international transport. The scope was to simulate the document, goods and money flow in the international transport, to define costs of installing equipment, programs for EDI.

Transport corridors; transaction costs

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