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Cooperative Stability Analysis of Industry Clusters Considering the Risk of Information Sharing Based on Evolutionary Game Theory

In: Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023)

Author

Listed:
  • Xiangyuan Shu

    (Northwestern Polytechnical University, School of Management)

  • Ruian Mei

    (Northwestern Polytechnical University, School of Management)

  • Mengdi Sui

    (Northwestern Polytechnical University, School of Management)

  • Cheng Chen

    (Beijing Jingdong Century Trading Co., Ltd.)

Abstract

Information sharing has an important impact on the stability of cooperation in industrial clusters. Considering the risk of information sharing, this paper constructs an evolutionary game model for the synergy relationship between “ordinary enterprises and core enterprises”. The stability conditions of the two-party game model are determined by means of Jacobian matrix, and finally the evolutionary path of each player in the game model is verified by using MATLAB. The study shows that the loss of benefits and the cost of active information sharing are the decisive factors in the core enterprises’ decision on information sharing strategy, and the evolutionary strategy of ordinary enterprises is influenced by the core enterprises. When the strategy of the core enterprises evolves to “synergy cooperation”, the strategy of ordinary enterprises will also evolve to “synergy cooperation”. Based on this, while improving the stability of industrial cluster cooperation, information sharing platform should be established to prevent the risk of information sharing, and incentive and constraint mechanism should be established to reduce the cost of information sharing.

Suggested Citation

  • Xiangyuan Shu & Ruian Mei & Mengdi Sui & Cheng Chen, 2024. "Cooperative Stability Analysis of Industry Clusters Considering the Risk of Information Sharing Based on Evolutionary Game Theory," Advances in Economics, Business and Management Research, in: Suhaiza Hanim Binti Dato Mohamad Zailani & Kosga Yagapparaj & Norhayati Zakuan (ed.), Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023), pages 1735-1748, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-256-9_177
    DOI: 10.2991/978-94-6463-256-9_177
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