Investigating the effect of Arctic sea routes on the global maritime container transport system via a generalized Nash equilibrium model
This paper proposes a generalized Nash equilibrium model to investigate if Arctic routes can be used as a “relief valve” for current intercontinental sea routes. This model is presented as a Stackelberg form, where the shipping companies correspond to the leaders and the customers correspond to the...
Published in: | Polar Research |
---|---|
Main Authors: | , , , |
Format: | Article in Journal/Newspaper |
Language: | English |
Published: |
Norwegian Polar Institute
2018
|
Subjects: | |
Online Access: | https://doi.org/10.1080/17518369.2018.1547042 https://doaj.org/article/c797576ad61844249cf36753d10407f4 |
id |
ftdoajarticles:oai:doaj.org/article:c797576ad61844249cf36753d10407f4 |
---|---|
record_format |
openpolar |
spelling |
ftdoajarticles:oai:doaj.org/article:c797576ad61844249cf36753d10407f4 2023-05-15T14:53:38+02:00 Investigating the effect of Arctic sea routes on the global maritime container transport system via a generalized Nash equilibrium model Wang Yangjun Zhang Ren Ge Shanshan Qian Longxia 2018-01-01T00:00:00Z https://doi.org/10.1080/17518369.2018.1547042 https://doaj.org/article/c797576ad61844249cf36753d10407f4 EN eng Norwegian Polar Institute http://dx.doi.org/10.1080/17518369.2018.1547042 https://doaj.org/toc/1751-8369 1751-8369 doi:10.1080/17518369.2018.1547042 https://doaj.org/article/c797576ad61844249cf36753d10407f4 Polar Research, Vol 37, Iss 1 (2018) Container shipping Stackelberg game model global warming Northern Sea Route Northeast Passage Environmental sciences GE1-350 Oceanography GC1-1581 article 2018 ftdoajarticles https://doi.org/10.1080/17518369.2018.1547042 2022-12-31T08:18:17Z This paper proposes a generalized Nash equilibrium model to investigate if Arctic routes can be used as a “relief valve” for current intercontinental sea routes. This model is presented as a Stackelberg form, where the shipping companies correspond to the leaders and the customers correspond to the followers. The competition among shipping companies (leaders), which seek to maximize their profits, can be represented as a generalized Nash equilibrium and solved by the alternating direction method of multipliers algorithm, based on penalization. On the basis of the competition results, the customers (followers) choose the optimal shipping companies; this results in the allocation of container volumes on different sailing routes, which can be described by a logit-type multi-path assignment model. Different scenarios in our modelling show that as shipping speeds decrease through the use of Arctic sea routes, company profits increase. In particular, as navigable days on the Northern Sea Route (NSR) increase, the container trade will increasingly tilt towards this route and shipping companies using it will gain more profits than they did before the opening of this route. At the same time, the proportion of container volume through the Suez Canal will be reduced because it will be less profitable. Article in Journal/Newspaper Arctic Global warming Northeast Passage Northern Sea Route Polar Research Directory of Open Access Journals: DOAJ Articles Arctic Nash ENVELOPE(-62.350,-62.350,-74.233,-74.233) Polar Research 37 1 1547042 |
institution |
Open Polar |
collection |
Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
language |
English |
topic |
Container shipping Stackelberg game model global warming Northern Sea Route Northeast Passage Environmental sciences GE1-350 Oceanography GC1-1581 |
spellingShingle |
Container shipping Stackelberg game model global warming Northern Sea Route Northeast Passage Environmental sciences GE1-350 Oceanography GC1-1581 Wang Yangjun Zhang Ren Ge Shanshan Qian Longxia Investigating the effect of Arctic sea routes on the global maritime container transport system via a generalized Nash equilibrium model |
topic_facet |
Container shipping Stackelberg game model global warming Northern Sea Route Northeast Passage Environmental sciences GE1-350 Oceanography GC1-1581 |
description |
This paper proposes a generalized Nash equilibrium model to investigate if Arctic routes can be used as a “relief valve” for current intercontinental sea routes. This model is presented as a Stackelberg form, where the shipping companies correspond to the leaders and the customers correspond to the followers. The competition among shipping companies (leaders), which seek to maximize their profits, can be represented as a generalized Nash equilibrium and solved by the alternating direction method of multipliers algorithm, based on penalization. On the basis of the competition results, the customers (followers) choose the optimal shipping companies; this results in the allocation of container volumes on different sailing routes, which can be described by a logit-type multi-path assignment model. Different scenarios in our modelling show that as shipping speeds decrease through the use of Arctic sea routes, company profits increase. In particular, as navigable days on the Northern Sea Route (NSR) increase, the container trade will increasingly tilt towards this route and shipping companies using it will gain more profits than they did before the opening of this route. At the same time, the proportion of container volume through the Suez Canal will be reduced because it will be less profitable. |
format |
Article in Journal/Newspaper |
author |
Wang Yangjun Zhang Ren Ge Shanshan Qian Longxia |
author_facet |
Wang Yangjun Zhang Ren Ge Shanshan Qian Longxia |
author_sort |
Wang Yangjun |
title |
Investigating the effect of Arctic sea routes on the global maritime container transport system via a generalized Nash equilibrium model |
title_short |
Investigating the effect of Arctic sea routes on the global maritime container transport system via a generalized Nash equilibrium model |
title_full |
Investigating the effect of Arctic sea routes on the global maritime container transport system via a generalized Nash equilibrium model |
title_fullStr |
Investigating the effect of Arctic sea routes on the global maritime container transport system via a generalized Nash equilibrium model |
title_full_unstemmed |
Investigating the effect of Arctic sea routes on the global maritime container transport system via a generalized Nash equilibrium model |
title_sort |
investigating the effect of arctic sea routes on the global maritime container transport system via a generalized nash equilibrium model |
publisher |
Norwegian Polar Institute |
publishDate |
2018 |
url |
https://doi.org/10.1080/17518369.2018.1547042 https://doaj.org/article/c797576ad61844249cf36753d10407f4 |
long_lat |
ENVELOPE(-62.350,-62.350,-74.233,-74.233) |
geographic |
Arctic Nash |
geographic_facet |
Arctic Nash |
genre |
Arctic Global warming Northeast Passage Northern Sea Route Polar Research |
genre_facet |
Arctic Global warming Northeast Passage Northern Sea Route Polar Research |
op_source |
Polar Research, Vol 37, Iss 1 (2018) |
op_relation |
http://dx.doi.org/10.1080/17518369.2018.1547042 https://doaj.org/toc/1751-8369 1751-8369 doi:10.1080/17518369.2018.1547042 https://doaj.org/article/c797576ad61844249cf36753d10407f4 |
op_doi |
https://doi.org/10.1080/17518369.2018.1547042 |
container_title |
Polar Research |
container_volume |
37 |
container_issue |
1 |
container_start_page |
1547042 |
_version_ |
1766325234642714624 |