Sailing Speed Optimization Model for Slow Steaming Considering Loss Aversion Mechanism
This paper analyses loss aversion mechanism (LAM) of the shipping company’s decision-makers about the risk-based decision (RBD) for slow steaming and generalizes a novel optimization model for the sailing speed through the trade-off between fuel consumption, SOx emissions and delivery delay. The val...
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Main Authors: | Yuzhe Zhao, Jingmiao Zhou, Yujun Fan, Haibo Kuang |
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Format: | Article |
Language: | English |
Published: |
Wiley
2020-01-01
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Series: | Journal of Advanced Transportation |
Online Access: | http://dx.doi.org/10.1155/2020/2157945 |
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