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

Wenjuan Li (), Thierry Vanelslander (), Wei Liu () and Xu Xu ()
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Wenjuan Li: Shanghai Maritime University
Thierry Vanelslander: University of Antwerp
Wei Liu: Shanghai Maritime University
Xu Xu: Shanghai Dian Ji University

Journal of Shipping and Trade, 2020, vol. 5, issue 1, 1-16

Abstract: 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.

Keywords: Port business ecosystem; Core enterprise; Cooperative enterprise; Evolutionary game (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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DOI: 10.1186/s41072-020-00072-0

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