Research Article
Game-Theoretic Comparison Approach for Intercontinental Container Transportation: A Case between China and Europe with the B&R Initiative
Table 5
Parameters used in application tests (source: author, adapted from references and Google Map).
| | Parameters | Value | Unit | Sources |
| | Value of time, | 360 | $/day | Wang et al. [31] | | Parameter in generalized cost function, | −36 | — | Wang et al. [31] | | Dispersion parameter used to measure the degree of customers’ perception errors on utility, | 1.25 | ×10−3 | Wang et al. [31] | | Elastic coefficient in demand function, | 1.25 | ×10−4 | Wang et al. [31] | | Lower bound of basic freight rate of transporting per FEU for carrier , | 3,500 | $ | Analysis of references and interview | | Upper bound of basic freight rate of transporting per FEU for carrier , | 5,000 | $ | Analysis of references and interview | | Potential weekly container demand in the market, | 300 | FEU | Assumed demand quantity by authors | | Transporting time from Hefei to Hamburg for transportation mode , | Carrier 1 | 31 | day | Interview of three logistics companies and Tables 1–3 | | Carrier 2 | 15 | | A score to reflect the reputation | Carrier 1 | 5 | — | Interview of three logistics companies | | Carrier 2 | 8 | — | Interview of three logistics companies | | Terminal handling charges for company , | Carrier 1 | 350 | $/FEU | Interview of logistics companies and Wang [8], Mo et al. [7], and Wang et al. [9] | | Carrier 2 | 2,000 | | Transporting distance | Carrier 1 | 11,000 | km | Google Map | | Carrier 2 | 12,277
(≈22,737) | nm
(km) | Google Map |
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