A review of game theory to maritime supply chain: A competitive and cooperative perspective

IF 6.3 2区工程技术 Q1 ECONOMICS

Transport Policy Pub Date : 2024-12-19 DOI:10.1016/j.tranpol.2024.12.013

Junjin Wang, Fan He, Mengdi Chen, Jingling Liu

{"title":"A review of game theory to maritime supply chain: A competitive and cooperative perspective","authors":"Junjin Wang, Fan He, Mengdi Chen, Jingling Liu","doi":"10.1016/j.tranpol.2024.12.013","DOIUrl":null,"url":null,"abstract":"<div><div>The two most significant dynamic factors in the interplay of the maritime supply chain are competition and cooperation. Shipping companies and ports must make strategic decisions to ensure progressive growth within the ever-evolving market. Game theory provides an important analytical method for examining the dynamics of co-opetition among participants of the maritime supply chain. This paper reviews 172 journal papers on the strategic use of game theory in the maritime supply chain that were published from 2004 to 2024 and proposes an integrative analytical framework based on multidimensional competition and horizontal and vertical cooperation models. The literature review indicates that internal demand drivers and external environment drivers combine to shape competition within the maritime supply chain. Simultaneously, the design of appropriate cooperation mechanisms is key to the successful formation and long-term prosperity of alliances. Finally, this paper synthesizes existing research with the current issues and latest developments within the maritime industry, providing a comprehensive summary of future research directions for the field.</div></div>","PeriodicalId":48378,"journal":{"name":"Transport Policy","volume":"162 ","pages":"Pages 364-378"},"PeriodicalIF":6.3000,"publicationDate":"2024-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Transport Policy","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0967070X24003871","RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 0

Abstract

The two most significant dynamic factors in the interplay of the maritime supply chain are competition and cooperation. Shipping companies and ports must make strategic decisions to ensure progressive growth within the ever-evolving market. Game theory provides an important analytical method for examining the dynamics of co-opetition among participants of the maritime supply chain. This paper reviews 172 journal papers on the strategic use of game theory in the maritime supply chain that were published from 2004 to 2024 and proposes an integrative analytical framework based on multidimensional competition and horizontal and vertical cooperation models. The literature review indicates that internal demand drivers and external environment drivers combine to shape competition within the maritime supply chain. Simultaneously, the design of appropriate cooperation mechanisms is key to the successful formation and long-term prosperity of alliances. Finally, this paper synthesizes existing research with the current issues and latest developments within the maritime industry, providing a comprehensive summary of future research directions for the field.

查看原文本刊更多论文

求助全文

约1分钟内获得全文求助全文

来源期刊

Transport Policy Multiple-

CiteScore

12.10

自引率

10.30%

发文量

282

期刊介绍： Transport Policy is an international journal aimed at bridging the gap between theory and practice in transport. Its subject areas reflect the concerns of policymakers in government, industry, voluntary organisations and the public at large, providing independent, original and rigorous analysis to understand how policy decisions have been taken, monitor their effects, and suggest how they may be improved. The journal treats the transport sector comprehensively, and in the context of other sectors including energy, housing, industry and planning. All modes are covered: land, sea and air; road and rail; public and private; motorised and non-motorised; passenger and freight.