A game theoretical analysis of port competition

Title
A game theoretical analysis of port competition
Authors
장영태
Keywords
Port competition Non-cooperative game theory Busan and Kobe ports Port charge Port capacity
Issue Date
2013
Publisher
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW
Series/Report no.
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW ; Vol49 no.1 Startpage 92 Endpage 106
Abstract
This paper examines the effect of inter-port competition between two ports by applying a game theoretical approach. We construct a non-cooperative game theoretic model where each port selects port charges strategically in the timing of port capacity investment. We derive the Nash equilibrium and obtain some propositions from the equilibrium. We then apply the propositions to the case of inter-port competition between the ports of Busan and Kobe.
URI
http://dx.doi.org/10.1016/j.tre.2012.07.007
http://dspace.inha.ac.kr/handle/10505/33577
ISSN
1366-5545
Appears in Collections:
College of Business Administration (경영대학) > Logistics (아태물류학부) > Journal Papers, Reports(물류학 학술논문,보고서)
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