Research on cooperative game model of ship owner and seafarer

The paper aims to create a cooperative game model and its equilibrium point to describe the inside distribution policy and outside running behavior of shipping enterprise, basing on modern enterprise theory, expect utility theory and the game theory, to analyze the development of shipping enterprise¿ structure. The model demonstrates that the inside distribution of shipping enterprise is proportional to the attitude of game participators to the risks in outside market environment. Besides, price strategy, as shipping enterprise¿s major market behavior, will change accordingly with the enterprise cost and inside distribution policy. The conclusions from the model explain the shipping enterprise¿s market behavior, such as enterprises gain the competitive advantage of scaled operation by reducing cost. It also gives some suggestions for shipping enterprises in China, such as the salary system of seafarers should be geared to the international standards sooner, etc.