The coopetition game in international liner shipping

Dung-Ying Lin, Chien Chih Huang, Man Wo Ng

Research output: Contribution to journalArticlepeer-review

15 Citations (Scopus)

Abstract

In maritime freight transportation, carriers build collaborative relationships with other carriers while competing with each other to optimize their own profits. In such a scenario, a game of coopetition is formed. We formulate a nonlinear mixed-integer problem to determine the optimal levels of coopetition for a single company and embed the resulting problem into a general game theoretic framework. A diagonalization algorithm that incorporates an ascent direction search technique is developed to effectively evaluate the game. The numerical results show that carriers choose similar coopetition levels to maximize their profits, and the coopetition game can reach equilibrium under general conditions.

Original languageEnglish
Pages (from-to)474-495
Number of pages22
JournalMaritime Policy and Management
Volume44
Issue number4
DOIs
Publication statusPublished - 2017 May 19

All Science Journal Classification (ASJC) codes

  • Geography, Planning and Development
  • Transportation
  • Ocean Engineering
  • Management, Monitoring, Policy and Law

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