A Game Theoretic Analysis of a Regional Approach Toward the Sustainability of Kolkata-Agartala Transhipment Route

18 Pages Posted: 18 Jan 2015  

Subir Kumar Sen

Department of Commerce, Tripura University

Sudakshina Gupta

University of Calcutta - Department of Economics

Ishita Mukhopadhyay

University of Calcutta - Department of Economics

Date Written: 2012

Abstract

This paper attempts to determine the stability of equilibrium in term of a sub game perfect Nash solution of equilibrium transshipment charges for the external transport network. This paper examines the perspectives of transshipment route from Kolkata to Agartala and the strategic options of the transshipping countries, namely Bangladesh and Myanmar. The development of a new transshipment route through Myanmar, depriving Bangladesh of its former monopoly, has modified the situation profoundly. The long run sustainability of such transshipment route depends on regional cooperation among these countries in a political emotional state of nature and guaranteed a stable equilibrium of such transshipment route in the presence of active threat of losing export market for Tripura, if retaliate by either of the member country.

Keywords: Transshipment Route, Game Theory, Nash Equilibrium, Cartel

JEL Classification: C62, C71, D43, R58

Suggested Citation

Sen, Subir Kumar and Gupta, Sudakshina and Mukhopadhyay, Ishita, A Game Theoretic Analysis of a Regional Approach Toward the Sustainability of Kolkata-Agartala Transhipment Route (2012). Available at SSRN: https://ssrn.com/abstract=2551123 or http://dx.doi.org/10.2139/ssrn.2551123

Subir Kumar Sen (Contact Author)

Department of Commerce, Tripura University ( email )

Agartala
India

HOME PAGE: http://www.tripurauniv.in/index.php/for-faculties?id=219

Sudakshina Gupta

University of Calcutta - Department of Economics ( email )

56A, B.T. Road
Kolkata, 700050
India

Ishita Mukhopadhyay

University of Calcutta - Department of Economics ( email )

56A, B.T. Road
Kolkata, 700050
India

Paper statistics

Downloads
16
Abstract Views
299