Proceedings of the 2022 International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2022)

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Game Analysis of Government and Shipping Company Considering Subsidies

Authors
Lihaokun Liu1, *, Yanping Meng1
1Shanghai Maritime University, Shanghai, China
*Corresponding author. Email: llhk099@163.com
Corresponding Author
Lihaokun Liu
Available Online 2 December 2022.
DOI
10.2991/978-94-6463-010-7_51How to use a DOI?
Keywords
Stackelberg game; low-sulfur fuel; government subsidy
Abstract

In the context of the sulfur cap, the government’s adoption of different subsidy models will have an impact on shipping service pricing decisions. The Stackelberg game model between the government and the shipping company is established. The government aims at maximizing social welfare, and the shipping company aims at maximizing profit and analyzes and compares the two modes of government subsidizing the shipping company or the shipper. The results show that the same demand can be obtained for low-sulfur fuel oil shipping services under both subsidy models. The difference is that government subsidies to shipping companies can directly increase corporate profits. On the one hand, the increase in profits means that the demand for low-sulfur fuel oil shipping services will increase, and on the other hand, it will also help shipping companies continue to provide more low-sulfur fuel oil shipping services.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2022)
Series
Atlantis Highlights in Intelligent Systems
Publication Date
2 December 2022
ISBN
978-94-6463-010-7
ISSN
2589-4919
DOI
10.2991/978-94-6463-010-7_51How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Lihaokun Liu
AU  - Yanping Meng
PY  - 2022
DA  - 2022/12/02
TI  - Game Analysis of Government and Shipping Company Considering Subsidies
BT  - Proceedings of the 2022 International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2022)
PB  - Atlantis Press
SP  - 481
EP  - 491
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-010-7_51
DO  - 10.2991/978-94-6463-010-7_51
ID  - Liu2022
ER  -