Low-cost port competitiveness index: Implementation in the Spanish port system |
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Authors: | José I Castillo-Manzano Mercedes Castro-Nuño Fernando González Laxe Lourdes López-Valpuesta M Teresa Arévalo-Quijada |
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Institution: | 1. University of Seville, Spain;2. University of A Coruña, Spain |
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Abstract: | Spanish Port Authorities currently face a wide range of complexities in their decision-making processes, as they have to satisfy several port management objectives that may conflict with one another. This paper examines these circumstances by using decision theory methodology with multiple objectives, which, through the Promethee method, makes the design of an index possible. This index combines different decision factors that shape the competitiveness of a port to rank the Spanish Port Authorities. This ranking serves as an alternative to the traditional ranking system by easily providing more information about port traffic. |
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Keywords: | Port hierarchy Competitiveness index Port management Multi-criteria ranking method |
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