IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

A Review of the Maritime Container Shipping Industry as a Complex Adaptive System

  • Simone Caschili

    ()

    (UCL QASER LAB, University College London)

  • Francesca Romana Medda

    (Centre for Advanced Spatial Analysis, University College London)

Registered author(s):

    If we consider the worldwide maritime shipping industry as a system, we observe that a large number of independent rational agents such as port authorities, shipping service providers, shipping companies, and commodity producers play a role in achieving predominant positions and in increasing market share. The maritime shipping industry can, from this perspective, be defined as a Complex System composed of relatively independent parts that constantly search, learn and adapt to their environment, while their mutual interactions shape obscure but recognizable patterns. In this work we examine the maritime shipping industry through the Complex Adaptive System (CAS). Although CAS has been applied widely to the study of biological and social systems, its application in maritime shipping is scant. Therefore, our objective in the present paper is to provide a literature review that examines the international maritime industry through the lens of CAS. We also present some of the goals that may be achieved by applying the CAS approach to the container shipping industry in particular. The construction of a tenable ontological framework will give scholars a comprehensive view of the maritime industry and allow them to test the stability and efficiency of the framework to endogenous and exogenous shocks.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://indecs.eu/2012/indecs2012-pp1-15.pdf
    Download Restriction: no

    Article provided by Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu in its journal Interdisciplinary Description of Complex Systems.

    Volume (Year): 10 (2012)
    Issue (Month): 1 ()
    Pages: 1-15

    as
    in new window

    Handle: RePEc:zna:indecs:v:10:y:2012:i:1:p:1-15
    Contact details of provider:

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    as in new window
    1. Ron Martin & Peter Sunley, 2007. "Complexity thinking and evolutionary economic geography," Journal of Economic Geography, Oxford University Press, vol. 7(5), pages 573-601, September.
    2. David Glen & Peter Marlow, 2009. "Maritime Statistics: a new forum for practitioners," Maritime Policy & Management, Taylor & Francis Journals, vol. 36(2), pages 185-195, April.
    3. Sheri M. Markose, 2005. "Computability and Evolutionary Complexity: Markets as Complex Adaptive Systems (CAS)," Economic Journal, Royal Economic Society, vol. 115(504), pages F159-F192, 06.
    4. Lucas, Robert Jr, 1976. "Econometric policy evaluation: A critique," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 1(1), pages 19-46, January.
    5. Van Bergeijk, Peter A G & Berk, Jan Marc, 2001. "European Monetary Union, the Term Structure, and the Lucas Critique," Kyklos, Wiley Blackwell, vol. 54(4), pages 547-56.
    6. John Foster, 2005. "From simplistic to complex systems in economics," Cambridge Journal of Economics, Oxford University Press, vol. 29(6), pages 873-892, November.
    7. Keshavarz, Nastaran & Nutbeam, Don & Rowling, Louise & Khavarpour, Freidoon, 2010. "Schools as social complex adaptive systems: A new way to understand the challenges of introducing the health promoting schools concept," Social Science & Medicine, Elsevier, vol. 70(10), pages 1467-1474, May.
    8. César Ducruet & Sung-Woo Lee & Adolf K.Y. Ng, 2010. "Centrality and vulnerability in liner shipping networks: revisiting the Northeast Asian port hierarchy," Maritime Policy & Management, Taylor & Francis Journals, vol. 37(1), pages 17-36, January.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:zna:indecs:v:10:y:2012:i:1:p:1-15. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Josip Stepanic)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.