Optimal competition strategy analysis of China Railway Express based on evolutionary game theory.

ABSTRACT: 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

SUBMITTER: Feng F 

PROVIDER: S-EPMC8932592 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature