Year 2018, Volume 5, Issue 3, Pages 665 - 686 2018-12-27

SUNK COST, POTANCIAL COMPETITION AND CONTESTABILITY: THE SAMPLE OF MARITIME TRANSPORT MARKET
BATIK MALİYET, POTANSİYEL REKABET VE YARIŞILABİLİRLİK: DENİZYOLU TAŞIMACILIĞI PİYASASI ÖRNEĞİ

FERHAT PEHLİVANOĞLU [1] , Muhammet Rıdvan İNCE [2]

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The theory of contestable markets suggest that the presence of limited number and large-volume firms in a market may not be a disadvantage in terms of market efficiency. Contrary to traditional approaches which accept concentration and scale economies as a source of monopoly power, the theory of contestable markets has not seen these factors as an obstacle to effective markets. Within the scope of the theory It is considered sufficient for high industry efficiency that the entry and exit to the market are completely free. Empirical and theoretical study has been carried out for many types of markets under the theory developed at the beginning of the 1980s. In this study, the theoretical infrastructure of the Contestable Markets model is explained and the World maritime transport market has been examined in terms of potential competition and sunk cost. As a result of the empirical studies it has been concluded that the market has the basic features of the Contestable Markets model.

Yarışılabilir Piyasalar teorisi, bir piyasada az sayıda ve büyük hacimli firmaların piyasa etkinliği açısından dezavantaj oluşturmayabileceğini ileri sürmektedir. Yoğunlaşma ve ölçek ekonomilerini tekelci gücün kaynağı olarak gören geleneksel yaklaşımların aksine, Yarışılabilir Piyasalar teorisi bu faktörleri etkin piyasalar için bir engel olarak görmemiştir. Teori kapsamında piyasaya giriş ve çıkışların tamamen serbest olması yüksek endüstri verimi için yeterli görülmektedir. 1980’li yılların başında geliştirilen teori kapsamında bir çok piyasa türü için ampirik ve teorik çalışma yapılmıştır. Bu çalışmada, Yarışılabilir Piyasalar Modelinin teorik altyapısı anlatılmış ve Dünya denizyolu taşımacılığı piyasası, potansiyel rekabet ve batık maliyet açısından incelenmiştir. Yapılan ampirik çalışmalar sonucunda piyasanın Yarışılabilir Piyasalar modelinin temel özelliklerini taşıdığı sonucuna varılmıştır. 

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Primary Language tr
Subjects Management
Journal Section Research Articles
Authors

Orcid: 0000-0001-6930-0181
Author: FERHAT PEHLİVANOĞLU
Institution: KOCAELİ ÜNİVERSİTESİ
Country: Turkey


Orcid: 0000-0003-2050-2545
Author: Muhammet Rıdvan İNCE (Primary Author)
Institution: KOCAELİ ÜNİVERSİTESİ
Country: Turkey


Dates

Publication Date: December 27, 2018

APA PEHLİVANOĞLU, F , İNCE, M . (2018). BATIK MALİYET, POTANSİYEL REKABET VE YARIŞILABİLİRLİK: DENİZYOLU TAŞIMACILIĞI PİYASASI ÖRNEĞİ. Mehmet Akif Ersoy Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 5 (3), 665-686. DOI: 10.30798/makuiibf.425245