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23 Competition & Reg. Network Indus. 3 (2022)

handle is hein.journals/netwin23 and id is 1 raw text is: Article CRNI Competition and Regulation in Network Industries Sim ulation-Based Port Competition: 2022Vol.23(1)3-21 @ The Author(s) 2022 Feasibility and Im plementation of an Article reuse guidelines: sagepub.com/journals-permissions Agen-Ba ed F ame orkDOI: 10.1177/17835917211064920 Agent-Based Framework ''a''2042 journalssagepub corn/homecm @SAGE Koen De Winne Department of Transport and Regional Economics, PhD Student, University of Antwerp, Antwerpen, Belgium Abstract The objective of this article is to discuss the feasibility and implementation of an agent-based com- putational framework for game-theoretical port competition. There are many different determinants which influence the competitive position of a seaport at any time. And as a consequence of this complexity, simple calculations or solution methods are not possible. This article elaborates a generic and modular framework for modeling and simulating the competition between multiple, heteroge- neous port players. First, the article briefly detects some elements that are useful and necessary to develop a meaningful agent-based framework. Priority elements are determined and it is considered which elements can be passed on to extensions of the framework. Second, some important aspects of the application of the agent-based methodology for the port sector are explained. Third, a limited number of examples of modules of the proof of concept are developed. Particular attention is paid to the modularity and extensibility of the agent-based framework in order to allow the users of the framework to fine-tune the choices in their simulation model. Finally, in a fourth part of this article, recommendations are formulated for the further development and enrichment of the framework. Keywords port competition, port investments, oligopolistic markets, spatial competition, NetLogo software, agent-based modeling, agent-based simulation JEL classifications: C63, C73, D43, L13 Introduction Port competition will remain an important topic in transport economics (Meersman et al., 2010). In the past decades, the impact of port competition has continuously increased. Containerization and Corresponding author: Koen De Winne, Department of Transport and Regional Economics, PhD Student, University of Antwerp, City Campus, Prinsstraat 13, Antwerpen 2000, Belgium. Email: koen.dewinne@student.uantwerpen.be