HIGHLIGHTS
- who: Alexandros M. Goulielmos from the Department of Maritime Studies, Faculty of Maritime and Industrial Studies, University of Piraeus, Piraeus, Greece have published the article: A New Theory of the Shipping Firm in the Framework of Pure Competition, in the Journal: (JOURNAL)
- what: The structure of the Perfect competition is a desirable one, but more theoretical than real, which anyway does not hold in the short-run, and in shipping also in the long run (2004-2008), with one exception!
SUMMARY
The international shipping market was not always free from imperfect . . .
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