Game Theoretical Aspects in Analyzing the Liner Shipping Industry

Abstract

The top liner shipping carriers have already established alliances in the shipping industry and are investigating new business collaborations, i.e., shared networks. Several studies have attempted to explain this phenomenon using a variety of conceptual and theoretical frameworks. This presentation focuses on liner shipping strategic alliances as well as other forms of cooperation and their establishment and transformation with the framework of non-cooperative game theory, which is considered as an effective tool to analyze motivations, competitive structures, strategies, and potential payoffs in a number of industries. The short-term and long-term behaviours are also to be addressed in this presentation. The outcome of this line of research could be helpful for liner shipping carriers attempting to succeed in the shipping industry with greater efficiency, lower unit cost and better customer service.

About the Presenter

Dr. Xiaoning Shi is Associate Head and Lecturer in the Department of International Shipping and Logistics at Shanghai Jiao Tong University. She holds PhD degree from University of Hamburg, and Master and Bachelor degree from Dalian Maritime University. In addition, she acted as an intern of the UNCTAD in 2009 and a consultant for the ESCAP in 2013, respectively. He research interests include liner shipping cooperation, Internet of Things application in logistics, and port operation.

About the Seminar

The KLU research seminar series is a regular meeting of PhD students, Post-Docs and professors who conduct research in the field of logistics and supply chain management. The research seminar is open to the public and we happily welcome guests.