Strategic investment in enhancing port–hinterland container transportation network resilience: A network game theory approach

Hong Chen, Jasmine Siu Lee Lam and Nan Liu

Transportation Research Part B: Methodological, 2018, vol. 111, issue C, 83-112

Abstract: China's “Belt and Road” strategy emphasizes the significance of maritime logistics. To ensure the efficiency and safety of landside maritime logistics, this study aims to investigate the strategic investment of players in a port–hinterland container transportation network to enhance network resilience to man-made unconventional emergency events by reducing vulnerability. Given the complexity of the involvement of multiple players and their interacting complementary and competitive business relationships, network game theory is adopted. Results show that the complementary influence Bonacich centrality of players plays a critical role in determining their investment decisions and serves as basis from which useful managerial insights can be derived.

Keywords: Port–hinterland container transportation network; Resilience; Vulnerability; Investment; Network game theory (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (11)

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DOI: 10.1016/j.trb.2018.03.004

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