Discussion on the Benefits of Port and Shipping Enterprises Based on Game Theory

Discussion on the Benefits of Port and Shipping Enterprises Based on Game Theory

LI Mao1 and ZHANG Shibin2

1Logistics Research Center, 2Department of Mathematics, Shanghai Maritime University, Shanghai 201306, China

American journal of educational research and reviews

In the field of port and shipping, the mutual interest relationship between the port and the shipping company has always been a hot topic.On the one hand, the port needs the shipping company to park its port operations to obtain economic benefits and social benefits.On the other hand, shipping companies have their own considerations when facing different types of ports, and must consider them from the perspectives of maximizing their own interests and optimizing service levels.In this paper, the Stackelberg model and the Nash equilibrium model in game theory are used to analyze the basis of the choice of the interests of the port and shipping enterprises to establish a multi-influence factor and multi-targeted model of the profit distribution of the port and shipping enterprises.According to the research in this paper, the appropriate cooperation between the two parties can further enhance the efforts of the port and shipping companies, and realize the rational distribution of interests between the port and the shipping company, so as to achieve a win-win situation in the entire port supply chain.

Keywords: Stackelberg model; Nash equilibrium; game theory; port and shipping enterprise

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How to cite this article:
LI Mao and ZHANG Shibin. Discussion on the Benefits of Port and Shipping Enterprises Based on Game Theory. American Journal of Educational Research and Reviews, 2019, 4:57. DOI: 10.28933/ajerr-2019-06-0205

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