The shipping business is a lesser-known industry, but it is an extremely influential element in the global economy. This book provides a snapshot of the shipping business with micro-foundations from the perspectives of institutional and behavioural economics while uncovering hidden facts about the industry.

Rather than spending a great deal of time reading many books or consulting costly advisors about fundamental issues, readers can quickly and easily find core concepts examined from multiple perspectives. They will certainly enjoy the engaging, narrative-driven content and learn many surprising truths about this fascinating business.

About the Author

Okan Duru is Assistant Professor of Maritime Studies at Nanyang Technological University, Singapore. His major research interests are maritime economics, computational intelligence for shipping economics, economic pluralism, maritime policies, shipping investment and finance. He received his PhD, on the Long-term Econometric Analysis of Dry Bulk Shipping, at the Graduate School of Maritime Sciences, Kobe University. He has published in various journals and conferences proceedings, in addition to reviewing and editing papers.

Reviews

'In Shipping Business Unwrapped, Dr Duru presents an original and personal interpretation of the practice of shipping business. This volume is not a comprehensive textbook which systematically defines and expounds the technical and theoretical mechanisms that underpin particular phenomena in the shipping industry. Rather, the author attempts to explore institutional and behavioural aspects of shipping business and the human side of shipping. For experienced practitioners, the selective account is refreshing and the critique offered of neo-classical rationality is highly provocative in debunking technical myths and jargon. Instead of offering a textbook of applied behavioural economics, Dr Duru challenges the highly conservative shipping industry with numerous practical suggestions based on high level concepts which could avoid traditional illusions and fallacies. Perhaps the future success of shipping business will depend on its ability to heed them.' - Professor John Dinwoodie, Head, Department of International Shipping, Logistics and Operations, Plymouth Business School, Plymouth University, UK

Book Information
ISBN 9781138292468
Author Okan Duru
Format Paperback
Page Count 130
Imprint Routledge
Publisher Taylor & Francis Ltd
Weight(grams) 228g