TY - GEN
T1 - A Potential Way of Island Travel: Sea Bus
AU - Cheng, Huibing
AU - Tan, Bingqing
AU - Zhang, Yumeng
AU - Xu, Suxiu
AU - Li, Ming
N1 - Funding Information:
ACKNOWLEDGMENT:
The research is supported by Department of Natural Resources of Guangdong Province [Grant No. [2020]071], National Key R&D Program of China (No. 2019YFB1705400) and Natural Science Foundation of China (No. 71701079).
Publisher Copyright:
© 2020 IEEE.
PY - 2020/9
Y1 - 2020/9
N2 - This paper introduces and studies the game and pricing between high speed passenger ship and potential sea bus. High-speed passenger ship is the most important travel mode for tourists and residents on the island at present. It has the advantages of high speed and high comfort, but its high fares make people unbearable. Therefore, a new way of sea travel is urgently needed to meet the travel needs of passengers, and the sea bus is the most potential. We consider a duopoly market composed of high-speed passenger ship and sea bus, and propose three types of price competition games: (I) Cournot model, (II) Stackelberg model dominated by highspeed passenger ship, and (III) Stackelberg model dominated by sea bus. The analysis results of the three models all show that the weather has a significant impact on the two travel modes, and only when the impact of the weather on them is within a certain threshold range, can the benefits of the two travel modes be accurately compared.
AB - This paper introduces and studies the game and pricing between high speed passenger ship and potential sea bus. High-speed passenger ship is the most important travel mode for tourists and residents on the island at present. It has the advantages of high speed and high comfort, but its high fares make people unbearable. Therefore, a new way of sea travel is urgently needed to meet the travel needs of passengers, and the sea bus is the most potential. We consider a duopoly market composed of high-speed passenger ship and sea bus, and propose three types of price competition games: (I) Cournot model, (II) Stackelberg model dominated by highspeed passenger ship, and (III) Stackelberg model dominated by sea bus. The analysis results of the three models all show that the weather has a significant impact on the two travel modes, and only when the impact of the weather on them is within a certain threshold range, can the benefits of the two travel modes be accurately compared.
KW - game theory
KW - Island travel mode
KW - power structures
KW - pricing
KW - sea bus
UR - http://www.scopus.com/inward/record.url?scp=85097246279&partnerID=8YFLogxK
U2 - 10.1109/ICITE50838.2020.9231377
DO - 10.1109/ICITE50838.2020.9231377
M3 - Conference article published in proceeding or book
AN - SCOPUS:85097246279
T3 - 2020 IEEE 5th International Conference on Intelligent Transportation Engineering, ICITE 2020
SP - 60
EP - 65
BT - 2020 IEEE 5th International Conference on Intelligent Transportation Engineering, ICITE 2020
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 5th IEEE International Conference on Intelligent Transportation Engineering, ICITE 2020
Y2 - 11 September 2020 through 13 September 2020
ER -