Back to Search Start Over

Trade strategy with the countries along the Ice Silk Road: a Rabin model-based perspective.

Authors :
Liu, Tianshou
Ding, Chaojun
Feng, Hongxiang
Yang, Zhongzhen
Grifoll, Manel
Lin, Qin
Source :
Maritime Policy & Management; Sep2024, Vol. 51 Issue 6, p995-1012, 18p
Publication Year :
2024

Abstract

Since the Ice Silk Road (ISR) was put forward, its development prospect has become the focus of academic circles. To study the influence mechanism of 'fairness preference' on the trade cooperation of countries along the ISR, this paper constructs the trade cooperation network based on the bilateral trade data of countries along the ISR, establishes the theoretical model of network game based on Rabin model, and uses the simulation method to test the model. The results show that: (1) the sense of national cognitive fairness does have an impact on the trade cooperation of the ISR; (2) the 'eye for an eye, tooth for a tooth' strategy is not an advantage strategy in the trade cooperation of the ISR; (3) the most significant factor affecting the trade cooperation of countries along the ISR is the neighbor node in the trade network and the social public opinion pressure of cooperation in the network. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
03088839
Volume :
51
Issue :
6
Database :
Complementary Index
Journal :
Maritime Policy & Management
Publication Type :
Academic Journal
Accession number :
179360108
Full Text :
https://doi.org/10.1080/03088839.2024.2324144