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A New Paradigm of Transport in the Wake of a New Age?

In: New Perspectives in Operations Research and Management Science

Author

Listed:
  • Yücel Candemir

    (Istanbul Technical University)

Abstract

In the present process of development, connectivity as sine qua non of the contemporary global economy, it has risen to prominence to define the trends of the twenty-first century. As this concept has physical and digital dimensions, it takes place on a network basis in the present global economy and is an attribute of these networks and is a measure of the quality of their performance. Our envisaged game depends on this mimesis, performed by the actions of real-world players like businesses, agencies of governmental and international agencies at both global and local levels on themes determined by the rules of the time. The rules are set by the institutional and technological setup. In the meantime, the background is subject to a permanent change. The aim of our study is to investigate the working of the global economy structured around the framework we summarized. Our methodology is rather theoretical based on a model which comprises the basic sectors of the economy and the interconnections between them. We come to the conclusion that the world is passing through another revolutionary transformation period which will determine the future structure of the world economy. It is important to reduce the costs of a transformation process if and when we develop an analytic framework beneficial for workable policy making.

Suggested Citation

  • Yücel Candemir, 2022. "A New Paradigm of Transport in the Wake of a New Age?," International Series in Operations Research & Management Science, in: Y. Ilker Topcu & Şule Önsel Ekici & Özgür Kabak & Emel Aktas & Özay Özaydın (ed.), New Perspectives in Operations Research and Management Science, pages 583-603, Springer.
  • Handle: RePEc:spr:isochp:978-3-030-91851-4_22
    DOI: 10.1007/978-3-030-91851-4_22
    as

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