Browsing Department of Business and Management Science by Author "Alger, Harrison Marshall"

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Does fuel efficiency pay? Empirical evidence from the drybulk timecharter market revisited

Ådland, Roar Os; Alger, Harrison Marshall; Banyte, Justina; Jia, Haiying (Journal article; Peer reviewed, 2017)

The time charter market for ships represents a classical example of the principal-agent problem, where shipowners can opt to invest in energy efficient ships, yet any savings in fuel expenditures accrue to the charterers. ...