Title :
A game theory analysis of international iron ore manufacturers strategic alliance
Author :
Hui, Hou ; Xi-huai, Yang
Author_Institution :
Sch. of Humanities, Law Northeastern Univ., Shenyang, China
Abstract :
The mechanism of cooperative and the reputation model of strategic alliance are adopted in the game theory analysis of the international iron ore manufacturers strategic alliance, which proves that the international iron ore manufacturers strategic alliance is a cooperative game process based on some common interests, and that the strategic alliance is stable under the condition of the severe unbalance of international iron ore supply and demand as well as high monopolization.
Keywords :
game theory; international trade; iron; metallurgical industries; monopoly; strategic planning; supply and demand; cooperative model; game theory analysis; international iron ore manufacturer strategic alliance; monopolization; reputation model; supply and demand; Costs; Game theory; Iron; Manufacturing processes; Nash equilibrium; Oligopoly; Productivity; Supply and demand; Turning; Virtual manufacturing; Cooperative Game; Nash Equilibrium; Strategic Alliance;
Conference_Titel :
Control and Decision Conference, 2009. CCDC '09. Chinese
Conference_Location :
Guilin
Print_ISBN :
978-1-4244-2722-2
Electronic_ISBN :
978-1-4244-2723-9
DOI :
10.1109/CCDC.2009.5192596