{"title":"Transportation discussion: liner shipping alliance selection study","authors":"Pengfei Zhou, Yan-ping Meng","doi":"10.1117/12.2652376","DOIUrl":null,"url":null,"abstract":"Against the background of increasingly fierce competition in international shipping, liner companies have formed alliances in order to reduce operating costs, achieve economies of scale, and enhance the competitiveness of liner companies and their right to speak in negotiations. In order to have a deeper understanding of the alliance choices of liner companies, a dynamic game model is established based on the consideration of customer valuation information sharing and price competition, and a Nash equilibrium is applied to find out the optimal price decision of liner companies and calculate the company's revenue under the full liner alliance to explore the possibility of liner companies reaching full liner alliance.","PeriodicalId":116712,"journal":{"name":"Frontiers of Traffic and Transportation Engineering","volume":"275 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2022-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Frontiers of Traffic and Transportation Engineering","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1117/12.2652376","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Against the background of increasingly fierce competition in international shipping, liner companies have formed alliances in order to reduce operating costs, achieve economies of scale, and enhance the competitiveness of liner companies and their right to speak in negotiations. In order to have a deeper understanding of the alliance choices of liner companies, a dynamic game model is established based on the consideration of customer valuation information sharing and price competition, and a Nash equilibrium is applied to find out the optimal price decision of liner companies and calculate the company's revenue under the full liner alliance to explore the possibility of liner companies reaching full liner alliance.