Cargando…
Optimal competition strategy analysis of China Railway Express based on evolutionary game theory
In the context of the Belt and Road Initiative, China Railway Express achieved rapid development. Determining how to achieve effective marking and determining how to adopt the optimal competitive strategy are the main challenges for CR Express operators. By choosing long-distance transportation as t...
Autores principales: | , , , , |
---|---|
Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Public Library of Science
2022
|
Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8932592/ https://www.ncbi.nlm.nih.gov/pubmed/35302993 http://dx.doi.org/10.1371/journal.pone.0256326 |
_version_ | 1784671474109382656 |
---|---|
author | Feng, Fenling Li, Xiaojie Liang, Junkai Liu, Yang Liu, Chengguang |
author_facet | Feng, Fenling Li, Xiaojie Liang, Junkai Liu, Yang Liu, Chengguang |
author_sort | Feng, Fenling |
collection | PubMed |
description | In the context of the Belt and Road Initiative, China Railway Express achieved rapid development. Determining how to achieve effective marking and determining how to adopt the optimal competitive strategy are the main challenges for CR Express operators. By choosing long-distance transportation as the research object, this research established a competitive model between CR Express and maritime transportation based on game theory. First, we determined the participants of this competition. By dividing common goods into the categories of high-value and high-time-sensitiveness, high-value and low-time-sensitiveness, low-value and high-time-sensitiveness, and low-value and low-time-sensitiveness, the model was used to simulate four situations and to obtain optimal strategies for operators. For CR Express, it was always effective to adopt a service optimizing strategy to improve the service level and earn market share. For maritime transportation, this strategy was effective only for high-value and low-time-sensitiveness goods as well as low value and low-time-sensitiveness goods. Therefore, transportation service suppliers should make competitive strategies based on different good types, and it is effective to use differentiation strategies to earn market share and improve competitiveness only for suitable types of goods. |
format | Online Article Text |
id | pubmed-8932592 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | Public Library of Science |
record_format | MEDLINE/PubMed |
spelling | pubmed-89325922022-03-19 Optimal competition strategy analysis of China Railway Express based on evolutionary game theory Feng, Fenling Li, Xiaojie Liang, Junkai Liu, Yang Liu, Chengguang PLoS One Research Article In the context of the Belt and Road Initiative, China Railway Express achieved rapid development. Determining how to achieve effective marking and determining how to adopt the optimal competitive strategy are the main challenges for CR Express operators. By choosing long-distance transportation as the research object, this research established a competitive model between CR Express and maritime transportation based on game theory. First, we determined the participants of this competition. By dividing common goods into the categories of high-value and high-time-sensitiveness, high-value and low-time-sensitiveness, low-value and high-time-sensitiveness, and low-value and low-time-sensitiveness, the model was used to simulate four situations and to obtain optimal strategies for operators. For CR Express, it was always effective to adopt a service optimizing strategy to improve the service level and earn market share. For maritime transportation, this strategy was effective only for high-value and low-time-sensitiveness goods as well as low value and low-time-sensitiveness goods. Therefore, transportation service suppliers should make competitive strategies based on different good types, and it is effective to use differentiation strategies to earn market share and improve competitiveness only for suitable types of goods. Public Library of Science 2022-03-18 /pmc/articles/PMC8932592/ /pubmed/35302993 http://dx.doi.org/10.1371/journal.pone.0256326 Text en © 2022 Feng et al https://creativecommons.org/licenses/by/4.0/This is an open access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. |
spellingShingle | Research Article Feng, Fenling Li, Xiaojie Liang, Junkai Liu, Yang Liu, Chengguang Optimal competition strategy analysis of China Railway Express based on evolutionary game theory |
title | Optimal competition strategy analysis of China Railway Express based on evolutionary game theory |
title_full | Optimal competition strategy analysis of China Railway Express based on evolutionary game theory |
title_fullStr | Optimal competition strategy analysis of China Railway Express based on evolutionary game theory |
title_full_unstemmed | Optimal competition strategy analysis of China Railway Express based on evolutionary game theory |
title_short | Optimal competition strategy analysis of China Railway Express based on evolutionary game theory |
title_sort | optimal competition strategy analysis of china railway express based on evolutionary game theory |
topic | Research Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8932592/ https://www.ncbi.nlm.nih.gov/pubmed/35302993 http://dx.doi.org/10.1371/journal.pone.0256326 |
work_keys_str_mv | AT fengfenling optimalcompetitionstrategyanalysisofchinarailwayexpressbasedonevolutionarygametheory AT lixiaojie optimalcompetitionstrategyanalysisofchinarailwayexpressbasedonevolutionarygametheory AT liangjunkai optimalcompetitionstrategyanalysisofchinarailwayexpressbasedonevolutionarygametheory AT liuyang optimalcompetitionstrategyanalysisofchinarailwayexpressbasedonevolutionarygametheory AT liuchengguang optimalcompetitionstrategyanalysisofchinarailwayexpressbasedonevolutionarygametheory |