Competition and collaborative strategies within ports cluster in Huanghai area——A game theory approach

FAN Yang, GAO Tian-yi, QIAO Han

Systems Engineering - Theory & Practice ›› 2015, Vol. 35 ›› Issue (4) : 955-964.

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Systems Engineering - Theory & Practice ›› 2015, Vol. 35 ›› Issue (4) : 955-964. DOI: 10.12011/1000-6788(2015)4-955

Competition and collaborative strategies within ports cluster in Huanghai area——A game theory approach

  • FAN Yang1, GAO Tian-yi2, QIAO Han2
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Abstract

Unlike in other competitive markets, ports compete with each other not only for market demand but also for natural resources. This paper analyzes the competition among ports in Huanghai area, which we call a ports cluster. We develop a game model to stress that disorderly ports competition in Huanghai area will lead to over-exploitation of natural resources. Collaborative strategy not only significantly improves the profit of ports participating in collaborative strategy, but also brings benefit to the port in competition with the collaborative ones and improves the profit of ports cluster in Huanghai area as a whole.

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ports cluster / competition and cooperation / Hotelling model / Huanghai area / Nash equilibrium

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FAN Yang , GAO Tian-yi , QIAO Han. Competition and collaborative strategies within ports cluster in Huanghai area——A game theory approach. Systems Engineering - Theory & Practice, 2015, 35(4): 955-964 https://doi.org/10.12011/1000-6788(2015)4-955

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