Browse > Article
http://dx.doi.org/10.5391/JKIIS.2012.22.2.261

On the Application of Game Theory to the Competition among Major Ports in NE Asia for T/S Cargos  

Han, Xu (목포해양대학교 해상운송시스템학부)
Park, Gyei-Kark (목포해양대학교 해상운송시스템학부)
Ahn, Tae-Young (한서대학교 국제통상학과)
Publication Information
Journal of the Korean Institute of Intelligent Systems / v.22, no.2, 2012 , pp. 261-266 More about this Journal
Abstract
Due to rapid growth of East Asian economy, some changes are being made in trade volume and shipping market of this area. Busan port in Korea and Shanghai port in China are continually increasing their investment in port development and competitiveness in order to become the logistics hub of Northeast Asia. Especially the competition for transshipment containers becomes more and more fierce. So in this study, we set a goal of increasing the port competitiveness on transshipment cargo by an analysis of competition strategies. We choose the Busan port and the Shanghai port as the research objects, game competition model and real data is used to analyze the two ports' price strategies and market share. According to the results, some advices will be put forward to enhance competitiveness of the two ports.
Keywords
NE Asia; Major Ports; T/S Containers; Game Theory; Competition Model;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Korea Maritime Institute, "A Study on Forecasting Transshipment Container Volume Based on Policy Changes of Port Development and Operation in Korea, China and Japan", pp.10-132, 2009.
2 Tae-Won Jeong and Gyu-Seok Gwak, "Strategies of Attract Transshipment Container Cargos from/to China by Korea Ports," Journal of Korea Transport, vol.20, pp.7-16, 2002.
3 Korea Maritime Institute, "Port & Industry", 2010-2012.
4 China Port Yearbook(2001-2009).
5 Gi-Tae Yeo and Michael Roe, "Evaluating the Competitiveness of Container Ports in Korea and China," Transportation Research Part, vol.42, pp.910-921, 2008.
6 S.Y.Xie, "Economic Game Theory," Fudan University Press, 2006.
7 Hotelling H, "Stability in Competition," Economic Journal, vol.59, pp.41-57, 1929.
8 Christopher M. Anderson and Yong-An Park, "A Game-theoretic Analysis of Competition among Container Port Hubs: the Case, of Busan and Shanghai[1]" Marit. Pol. Mgmt., vol.35, pp.5-26, 2008.   DOI
9 Veldman and Buckmann, "A Model on Container Port Competition: An Application for the West European Container Hub-Ports," Maritime Economic & Logistics, vol.5, pp.3-22, 2008.
10 Tae-Gi Kim and Gyei-Kark Park, "An Analysis of Price Competition between Two Ports using Game Model," Journal of Korea Port Economic Association, Vol.25(3), pp.251-268, 2009.
11 Chen Le and Chen Yisheng, "Research on the Price Competition Stragety of Port Logistics Enterprises in Shanghai and Ningbo on the Game Theory," Port & Waterway Engineering, vol.3, pp.53-56, 2009.
12 Wei Zhen, "基于Hotelling模型双투头競爭戰略分析", Huazhong University of Science and Technology of China, 2006.
13 Shi Xin, "港口服务产品差异化策略竞争博弈对策分析", China Institute of Navigation, pp.169-173, 2001.
14 Xu Ping, "韩国的东北亚物流中心战略及我们应取的对策", Comprehensive Transportation, 2006.
15 Li Yang and Ou Yangbin, "提高东北亚港口物流效率的战略与对策", Transportation Construction & Management, pp.42-49, 2007.
16 Zhao Xin Dong, "中國港口外貿集裝箱境外中轉分流態勢分析及應對策略", China Port, vol.3, 2010.