Research on the game of manufacturing capacity sharing based on prospect theory

Abstract In order to investigate the strategy choice of each player in capacity sharing, the article constructs a tripartite game model based on capacity provider-capacity demander-government, introduces the prospect theory and conducts numerical simulation analysis using MATLAB. The results show th...

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Bibliographic Details
Main Authors: Tian-Yu Wang, Hao Zhang
Format: Article
Language:English
Published: Nature Portfolio 2023-10-01
Series:Scientific Reports
Online Access:https://doi.org/10.1038/s41598-023-45189-x
Description
Summary:Abstract In order to investigate the strategy choice of each player in capacity sharing, the article constructs a tripartite game model based on capacity provider-capacity demander-government, introduces the prospect theory and conducts numerical simulation analysis using MATLAB. The results show that capacity sharing in the manufacturing industry is related to three parties: capacity providers, capacity demanders and the government, and their strategies in the game process influence each other; the sensitivity of capacity providers and capacity demanders is higher than that of the government; the increase of risk-return coefficient and loss-avoidance coefficient is conducive to the evolution of subjects to the ideal state.
ISSN:2045-2322