Review article
https://doi.org/10.31217/p.40.2.6
Game Theory Applications in Port Management – A Literature Review
Ivana Vukićević Biševac
orcid.org/0000-0003-2254-3885
; faculty of transport and traffic engineering, university of Belgrade, Belgrade, Serbia
Ivana Jovanović
orcid.org/0000-0002-8863-9241
; faculty of transport and traffic engineering, university of Belgrade, Belgrade, Serbia
*
* Corresponding author.
Abstract
This paper aims to examine, systematize, and analyze relevant research on port operators and/or port authorities cooperation, competition, and capacity investment decisions. It also includes papers that model the dynamics of competition and cooperation under various management models using game theory. Our methodology employed a comprehensive search of English-language peer-reviewed journal articles across Web of Science, Scopus, and Google Scholar, which identified 69 peer-reviewed journal articles that were analysed through bibliometric methods to synthesize current trends and evaluate methodological approaches. the findings reveal that Bertrand and Nash models are predominantly employed, with a strong emphasis on inter-port competition, primarily concentrated in Asian and European regions, thus highlighting a regional disparity in the literature. However, there is a notable gap in exploring cooperative strategies and utilizing more complex, dynamic models to better understand port collaboration and evolving competitive dynamics.
Keywords
Game theory; Port management; Port competition; Port cooperation; Literature review
Hrčak ID:
346485
URI
Publication date:
23.4.2026.
Visits: 306 *