A game-theoretic two-echelon model approach to strategy development of competitive ocean logistics in Thailand

Thisana Waripan, Junzo Watada

    Research output: Chapter in Book/Report/Conference proceedingChapter

    1 Citation (Scopus)

    Abstract

    This paper deals with optimal decision methods under a cooperative situation of the two-echelon model among logistic service providers (LSPs) of Stackelberg structure. Assuming duopolistic shippers and oligopolistic forwarders, the shippers perform as a leader and declare their service to both the forwarders after determining their price and quantity independently under shippers' scheme. The objective of this study is to obtain the optimal strategies of exporters in the three types of rival game behaviours: Stackelberg, Collusion and Cournot, each of which provides the optimal decision for the duopolistic shippers and the oligopolistic forwarders in each scenario. The result of a real situation indicates that: (i) among three scenarios, the oligopolistic treatment of forwarders' actions shows that Stackelberg behaviour can carry out the maximum profit, and (ii) Collusion game can achieve the maximum profit for the shippers.

    Original languageEnglish
    Title of host publicationFrontiers in Artificial Intelligence and Applications
    Pages2050-2059
    Number of pages10
    Volume243
    DOIs
    Publication statusPublished - 2012

    Publication series

    NameFrontiers in Artificial Intelligence and Applications
    Volume243
    ISSN (Print)09226389

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    Keywords

    • Collusion
    • Cournot
    • forwarder
    • Game theory
    • shippers
    • Stackelberg
    • two-echelon model

    ASJC Scopus subject areas

    • Artificial Intelligence

    Cite this

    Waripan, T., & Watada, J. (2012). A game-theoretic two-echelon model approach to strategy development of competitive ocean logistics in Thailand. In Frontiers in Artificial Intelligence and Applications (Vol. 243, pp. 2050-2059). (Frontiers in Artificial Intelligence and Applications; Vol. 243). https://doi.org/10.3233/978-1-61499-105-2-2050