IDEAS home Printed from https://ideas.repec.org/a/taf/marpmg/v43y2016i8p976-991.html
   My bibliography  Save this article

A game-theoretical approach for modeling competitions in a maritime supply chain

Author

Listed:
  • Liying Song
  • Dong Yang
  • Anthony Theng Heng Chin
  • Guangzhi Zhang
  • Zhengbing He
  • Wei Guan
  • Baohua Mao

Abstract

To accommodate the structural changes in logistics, competitions along a maritime supply chain are more intensive than before. This paper adopts a two-stage noncooperative game-theoretical approach to model the horizontal and vertical interactions among liners and ports. In the first stage, Bertrand game is applied to model the interactions between two liners. When the shipping line decides which port to call, a multinomial Logit model is applied. In the second stage, Bertrand game is applied to model the competitions between two ports. Nash equilibrium is derived by solving the Bertrand games. A numerical example is provided as a case study.

Suggested Citation

  • Liying Song & Dong Yang & Anthony Theng Heng Chin & Guangzhi Zhang & Zhengbing He & Wei Guan & Baohua Mao, 2016. "A game-theoretical approach for modeling competitions in a maritime supply chain," Maritime Policy & Management, Taylor & Francis Journals, vol. 43(8), pages 976-991, November.
    • Handle: RePEc:taf:marpmg:v:43:y:2016:i:8:p:976-991
    DOI: 10.1080/03088839.2016.1231427
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/03088839.2016.1231427
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/03088839.2016.1231427?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Anming Zhang, 2008. "The Impact of Hinterland Access Conditions on Rivalry between Ports," OECD/ITF Joint Transport Research Centre Discussion Papers 2008/8, OECD Publishing.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cemalettin Öztürk & F. Zeynep Sargut & M. Arslan Örnek & Deniz Türsel Eliiyi, 2017. "Optimisation and heuristic approaches for assigning inbound containers to outbound carriers," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(7), pages 825-836, October.
    2. Asadabadi, Ali & Miller-Hooks, Elise, 2020. "Maritime port network resiliency and reliability through co-opetition," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 137(C).
    3. Zhao, Ruijia & Song, Yunting & Wang, Haoze & Xie, Xinlian, 2022. "Bi-objective optimisation model and its exact solution method of profit and market share of novel repair-and-support ships based on game theory," Omega, Elsevier, vol. 113(C).
    4. Asadabadi, Ali & Miller-Hooks, Elise, 2018. "Co-opetition in enhancing global port network resiliency: A multi-leader, common-follower game theoretic approach," Transportation Research Part B: Methodological, Elsevier, vol. 108(C), pages 281-298.
    5. DongJoon Lee & Seonyoung Lim & Kangsik Choi, 2017. "Port privatization under Cournot vs. Bertrand competition: a third-market approach," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(6), pages 761-778, August.
    6. Wang, Junjin & Liu, Jiaguo & Wang, Fan & Yue, Xiaohang, 2021. "Blockchain technology for port logistics capability: Exclusive or sharing," Transportation Research Part B: Methodological, Elsevier, vol. 149(C), pages 347-392.
    7. Oluyomi A. Osobajo & Ioannis Koliousis & Heather McLaughlin, 2021. "Making sense of maritime supply chain: a relationship marketing approach," Journal of Shipping and Trade, Springer, vol. 6(1), pages 1-17, December.
    8. Zhao, Ruijia & Xie, Xinlian & Li, Xinyang & Li, Guodong, 2020. "Game-theoretical models of competition analysis and pricing strategy for two modes for repairing damaged marine structures at sea," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 142(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Álvarez-SanJaime, Óscar & Cantos-Sánchez, Pedro & Moner-Colonques, Rafael & Sempere-Monerris, José J., 2015. "The impact on port competition of the integration of port and inland transport services," Transportation Research Part B: Methodological, Elsevier, vol. 80(C), pages 291-302.
    2. Yuen, Chi-lok Andrew & Zhang, Anming & Cheung, Waiman, 2012. "Port competitiveness from the users' perspective: An analysis of major container ports in China and its neighboring countries," Research in Transportation Economics, Elsevier, vol. 35(1), pages 34-40.
    3. Álvarez-SanJaime, Óscar & Cantos-Sánchez, Pedro & Moner-Colonques, Rafael & Sempere-Monerris, José J., 2013. "Competition and horizontal integration in maritime freight transport," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 51(C), pages 67-81.
    4. Min Ju Bae & Ek Peng Chew & Loo Hay Lee & Anming Zhang, 2013. "Container transshipment and port competition," Maritime Policy & Management, Taylor & Francis Journals, vol. 40(5), pages 479-494, September.
    5. Saeed, Naima & Larsen, Odd I., 2010. "An application of cooperative game among container terminals of one port," European Journal of Operational Research, Elsevier, vol. 203(2), pages 393-403, June.
    6. Yuen, Andrew Chi-lok & Zhang, Anming & Cheung, Waiman, 2013. "Foreign participation and competition: A way to improve the container port efficiency in China?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 49(C), pages 220-231.
    7. Mona Kashiha & Jean-Claude Thill, 2016. "Spatial competition and contestability based on choice histories of consumers," Papers in Regional Science, Wiley Blackwell, vol. 95(4), pages 877-894, November.
    8. Álvarez-SanJaime, Óscar & Cantos-Sánchez, Pedro & Moner-Colonques, Rafael & Sempere-Monerris, José J., 2013. "Vertical integration and exclusivities in maritime freight transport," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 51(C), pages 50-61.
    9. Wan, Yulai & Basso, Leonardo J. & Zhang, Anming, 2016. "Strategic investments in accessibility under port competition and inter-regional coordination," Transportation Research Part B: Methodological, Elsevier, vol. 93(PA), pages 102-125.
    10. Simme Veldman & Eric van Drunen, 2011. "Measuring Competition between Ports," Chapters, in: Kevin Cullinane (ed.), International Handbook of Maritime Economics, chapter 15, Edward Elgar Publishing.
    11. Hidalgo-Gallego, Soraya & Núñez-Sánchez, Ramón & Coto-Millán, Pablo, 2017. "Spatial non-price competition in port infrastructure services," MPRA Paper 80417, University Library of Munich, Germany.
    12. Dong, Gang & Huang, Rongbing & Ng, Peggy, 2016. "Tacit collusion between two terminals of a port," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 93(C), pages 199-211.
    13. Simme Veldman & Lorena Garcia-Alonso & José Ángel Vallejo-Pinto, 2011. "Determinants of container port choice in Spain," Maritime Policy & Management, Taylor & Francis Journals, vol. 38(5), pages 509-522, January.
    14. Yulai Wan & Anming Zhang & Andrew C.L. Yuen, 2013. "Urban road congestion, capacity expansion and port competition: empirical analysis of US container ports," Maritime Policy & Management, Taylor & Francis Journals, vol. 40(5), pages 417-438, September.
    15. Hanaoka, Shinya & Sota, Masashi & Kawasaki, Tomoya & Thompson, Russell G., 2019. "Performance of cross-border corridors in East Africa considering multiple stakeholders," Transport Policy, Elsevier, vol. 81(C), pages 117-126.
    16. Chen, Hsiao-Chi & Liu, Shi-Miin, 2016. "Should ports expand their facilities under congestion and uncertainty?," Transportation Research Part B: Methodological, Elsevier, vol. 85(C), pages 109-131.
    17. Tan, Zhijia & Li, Wan & Zhang, Xiaoning & Yang, Hai, 2015. "Service charge and capacity selection of an inland river port with location-dependent shipping cost and service congestion," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 76(C), pages 13-33.
    18. Mingzhu Yu & Chung-Yee Lee & James Jixian Wang, 2017. "The regional port competition with different terminal competition intensity," Flexible Services and Manufacturing Journal, Springer, vol. 29(3), pages 659-688, December.
    19. Wang, Kun & Zhang, Anming, 2018. "Climate change, natural disasters and adaptation investments: Inter- and intra-port competition and cooperation," Transportation Research Part B: Methodological, Elsevier, vol. 117(PA), pages 158-189.
    20. Marta Gonzalez-Aregall & Kevin Cullinane & Inge Vierth, 2021. "A Review of Port Initiatives to Promote Freight Modal Shifts in Europe: Evidence from Port Governance Systems," Sustainability, MDPI, vol. 13(11), pages 1-19, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:marpmg:v:43:y:2016:i:8:p:976-991. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TMPM20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.