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Coopetition in Intermodal Freight Transport Services

Authors :
Jian Liu
Yinzhen Li
Jun Li
Source :
Discrete Dynamics in Nature and Society, Vol 2015 (2015)
Publication Year :
2015
Publisher :
Wiley, 2015.

Abstract

The paper studies the coopetition of the downstream different carriers by providing complementary transport services in intermodal freight transport chain. Considering different information structure, a two-stage dynamic game model with simultaneous actions on investment and price is first formulated. Equilibria show both parties have motivation to select coopetition even if the agreement for cooperation investment is reached in advance. When both firms agree on the specific allocation, the new coopetition with higher efficiency would be emerged. Moreover, we analyze the complexity and evolution of coopetition by repeated pricing game with finitely and infinitely time horizon. In the finitely repeated pricing game, both firms have incentive to reach a tacit understanding to alternate choosing price cooperation and competition after setting suitable allocation scheme; the repeated periods t are then going to be an issue. In the infinitely repeated pricing game, the perfect cooperation is realized by designing the suitable trigger strategy.

Subjects

Subjects :
Mathematics
QA1-939

Details

Language :
English
ISSN :
10260226 and 1607887X
Volume :
2015
Database :
Directory of Open Access Journals
Journal :
Discrete Dynamics in Nature and Society
Publication Type :
Academic Journal
Accession number :
edsdoj.2ed86d56f8bd416c84ce8e2312e6af1e
Document Type :
article
Full Text :
https://doi.org/10.1155/2015/680685