Co-evolution of port business ecosystem based on evolutionary game theory

Abstract As distributing centres of trade and transportation network, ports play an important role in the development of the national economy. With the changing of the global business environment, the port enterprise operation environment is continuously changing, and growing problems are becoming i...

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Main Authors: Wenjuan Li, Thierry Vanelslander, Wei Liu, Xu Xu
Format: Article
Language:English
Published: SpringerOpen 2020-10-01
Series:Journal of Shipping and Trade
Subjects:
Online Access:http://link.springer.com/article/10.1186/s41072-020-00072-0
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author Wenjuan Li
Thierry Vanelslander
Wei Liu
Xu Xu
author_facet Wenjuan Li
Thierry Vanelslander
Wei Liu
Xu Xu
author_sort Wenjuan Li
collection DOAJ
description Abstract As distributing centres of trade and transportation network, ports play an important role in the development of the national economy. With the changing of the global business environment, the port enterprise operation environment is continuously changing, and growing problems are becoming increasingly complex. Since challenges, uncertainties, risks, and crisis exist side by side, it is indispensable and beneficial to do a systematic analysis of the development of port enterprises from the perspective of biological co-evolution. This paper uses the evolutionary game model to discuss the dynamic change process and evolutionary stable strategy of the collaborative development of the core enterprise and cooperative enterprise in the port business ecosystem. Then, the influencing factors of enterprise decision-making or action selection are analysed, and the numerical model verifies the accuracy of the model. Finally, suggestions on the development of the port business ecosystem are put forward.
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spelling doaj.art-bb738b5b353147968c0987be22fecf3e2022-12-21T18:38:31ZengSpringerOpenJournal of Shipping and Trade2364-45752020-10-015111610.1186/s41072-020-00072-0Co-evolution of port business ecosystem based on evolutionary game theoryWenjuan Li0Thierry Vanelslander1Wei Liu2Xu Xu3Shanghai Maritime UniversityUniversity of AntwerpShanghai Maritime UniversityShanghai Dian Ji UniversityAbstract As distributing centres of trade and transportation network, ports play an important role in the development of the national economy. With the changing of the global business environment, the port enterprise operation environment is continuously changing, and growing problems are becoming increasingly complex. Since challenges, uncertainties, risks, and crisis exist side by side, it is indispensable and beneficial to do a systematic analysis of the development of port enterprises from the perspective of biological co-evolution. This paper uses the evolutionary game model to discuss the dynamic change process and evolutionary stable strategy of the collaborative development of the core enterprise and cooperative enterprise in the port business ecosystem. Then, the influencing factors of enterprise decision-making or action selection are analysed, and the numerical model verifies the accuracy of the model. Finally, suggestions on the development of the port business ecosystem are put forward.http://link.springer.com/article/10.1186/s41072-020-00072-0Port business ecosystemCore enterpriseCooperative enterpriseEvolutionary game
spellingShingle Wenjuan Li
Thierry Vanelslander
Wei Liu
Xu Xu
Co-evolution of port business ecosystem based on evolutionary game theory
Journal of Shipping and Trade
Port business ecosystem
Core enterprise
Cooperative enterprise
Evolutionary game
title Co-evolution of port business ecosystem based on evolutionary game theory
title_full Co-evolution of port business ecosystem based on evolutionary game theory
title_fullStr Co-evolution of port business ecosystem based on evolutionary game theory
title_full_unstemmed Co-evolution of port business ecosystem based on evolutionary game theory
title_short Co-evolution of port business ecosystem based on evolutionary game theory
title_sort co evolution of port business ecosystem based on evolutionary game theory
topic Port business ecosystem
Core enterprise
Cooperative enterprise
Evolutionary game
url http://link.springer.com/article/10.1186/s41072-020-00072-0
work_keys_str_mv AT wenjuanli coevolutionofportbusinessecosystembasedonevolutionarygametheory
AT thierryvanelslander coevolutionofportbusinessecosystembasedonevolutionarygametheory
AT weiliu coevolutionofportbusinessecosystembasedonevolutionarygametheory
AT xuxu coevolutionofportbusinessecosystembasedonevolutionarygametheory