scholarly journals Evolutionary Game Analysis of Bike Sharing Management Strategy Under Social Supervision Mechanism

Author(s):  
Yanyan Liang
Author(s):  
Jianming Cai ◽  
Yue Liang

A marriage between dockless bike-sharing systems and rail transit presents new opportunities for sustainable transportation in Chinese cities. However, how to promote the bicycle–metro integration mode remains largely unstudied. This paper designs a public–private partnership program to promote bicycle–metro integration. We consider the cooperation between bike-sharing companies and rail transit companies to improve both services and attract long-distance travelers to choose the bicycle–metro integration mode, with government subsidies. To analyze the proportion of each population participating in this public–private partnership program, we establish an evolutionary game model considering bike-sharing companies, rail transit companies, and long-distance travelers, and obtain eight scenarios of equilibriums and corresponding stable conditions. To prove the evolutionary game analysis, we construct a system dynamics simulation model and confirm that the public–private partnership project can be achieved in reality. We discuss key parameters that affect the final stable state through sensitivity analysis. The results demonstrate that by reasonably adjusting the values of parameters, each equilibrium can be changed into an optimal evolutionary stable strategy. This study can provide useful policy implications and operational recommendations for government agencies, bike-sharing companies, and transit authorities to promote bicycle–metro integration.


Author(s):  
Hua Li ◽  
Qingqing Lou ◽  
Qiubai Sun ◽  
Bowen Li

In order to solve the conflict of interests of institutional investors, this paper uses evolutionary game model. From the point of view of information sharing, this paper discusses four different situations. Only when the sum of risk and cost is less than the penalty of free riding, the evolution of institutional investors will eventually incline to the stable state of information sharing. That is, the phenomenon of hugging. The research shows that the institutional investors are not independent of each other, but the relationship network of institutional investors for the purpose of information exchange. The content of this paper enriches the research on information sharing of institutional investors.


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