Competition and cooperation in international high-speed railway industry chain based on evolutionary game
Yanliang Niu,
Huiling Dong,
Amin Mahmoudi and
Li Liu
Transportation Planning and Technology, 2025, vol. 48, issue 1, 205-232
Abstract:
Due to the market demand, the development of the high-speed railway (HSR) is crucial. The purpose of this study is to analyze the competitive and cooperative behavior of enterprises in the international HSR industry chain. The evolutionary game model between upstream and downstream enterprises and the evolutionary game model between peer enterprises are constructed and solved. Then, the factors influencing strategy selection process and evolution direction are evaluated by numerical experiments. The findings reveal that various factors play role in relationships among HSR enterprises to evolve differently. For the upstream and downstream enterprises, critical factors such as the probability of winning the bid, construction costs, increased management costs, and transaction costs paid will influence the speed and direction of evolution. Whereas, for the peer enterprises, other factors, related to the winning probability of joint bidding, income distribution, cost distribution, and transaction costs will influence the speed and direction of evolution.
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:taf:transp:v:48:y:2025:i:1:p:205-232
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DOI: 10.1080/03081060.2024.2355295
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