Pricing and Subsidy Models for Transshipment Sustainability in the Three Gorges Dam Region of China

Congestion before the Three Gorges Dam has been an obstacle to the sustainable development of the Yangtze River. Water–land transshipment can be a better way to alleviate congestion. Consequently, the government started to offer subsidies to evacuate ships’ traffic flow through transshipment despite that it increases environmental pollution. In this paper, we analyze the effects of subsidies on carriers’ adoption behavioral strategies,...