Risk-Averse Evolutionary Game Model of Aviation Joint Emergency Response

We study effects of risk-averse attitude of both participators in aviation joint emergency response on the coevolution of cooperation mechanisms and individual preferences between airport and nonprofit organization. First, based on the current aviation joint emergency mechanism in China, we put forw...

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Main Authors: Wei Pan, Ying Guo, Shujie Liao
Format: Article
Language:English
Published: Wiley 2016-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2016/9031351
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author Wei Pan
Ying Guo
Shujie Liao
author_facet Wei Pan
Ying Guo
Shujie Liao
author_sort Wei Pan
collection DOAJ
description We study effects of risk-averse attitude of both participators in aviation joint emergency response on the coevolution of cooperation mechanisms and individual preferences between airport and nonprofit organization. First, based on the current aviation joint emergency mechanism in China, we put forward two mechanisms to select the joint nonprofit organization, including reputation cooperation and bidding competition. Meanwhile, we consider two preferences including altruism and selfishness. Then we build replicator dynamics equations using the theory of conditional value-at-risk (CVaR) taking risk aversion attitude into account. Finally, we introduce the factor of government and give all participators some suggestions. We show that the risk-averse attitude of the other game participator affects the one participator’s decision and the effects subject to some parameters.
format Article
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institution Kabale University
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language English
publishDate 2016-01-01
publisher Wiley
record_format Article
series Discrete Dynamics in Nature and Society
spelling doaj-art-2ee2c0a3c090477082bbc2d2f3b135b42025-08-20T03:55:16ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2016-01-01201610.1155/2016/90313519031351Risk-Averse Evolutionary Game Model of Aviation Joint Emergency ResponseWei Pan0Ying Guo1Shujie Liao2School of Economics and Management, Wuhan University, Wuhan 430072, ChinaSchool of Economics and Management, Wuhan University, Wuhan 430072, ChinaCancer Biology Research Center, Tongji Hospital, Tongji Medical College, Huazhong University of Science and Technology, Wuhan, Hubei 430030, ChinaWe study effects of risk-averse attitude of both participators in aviation joint emergency response on the coevolution of cooperation mechanisms and individual preferences between airport and nonprofit organization. First, based on the current aviation joint emergency mechanism in China, we put forward two mechanisms to select the joint nonprofit organization, including reputation cooperation and bidding competition. Meanwhile, we consider two preferences including altruism and selfishness. Then we build replicator dynamics equations using the theory of conditional value-at-risk (CVaR) taking risk aversion attitude into account. Finally, we introduce the factor of government and give all participators some suggestions. We show that the risk-averse attitude of the other game participator affects the one participator’s decision and the effects subject to some parameters.http://dx.doi.org/10.1155/2016/9031351
spellingShingle Wei Pan
Ying Guo
Shujie Liao
Risk-Averse Evolutionary Game Model of Aviation Joint Emergency Response
Discrete Dynamics in Nature and Society
title Risk-Averse Evolutionary Game Model of Aviation Joint Emergency Response
title_full Risk-Averse Evolutionary Game Model of Aviation Joint Emergency Response
title_fullStr Risk-Averse Evolutionary Game Model of Aviation Joint Emergency Response
title_full_unstemmed Risk-Averse Evolutionary Game Model of Aviation Joint Emergency Response
title_short Risk-Averse Evolutionary Game Model of Aviation Joint Emergency Response
title_sort risk averse evolutionary game model of aviation joint emergency response
url http://dx.doi.org/10.1155/2016/9031351
work_keys_str_mv AT weipan riskaverseevolutionarygamemodelofaviationjointemergencyresponse
AT yingguo riskaverseevolutionarygamemodelofaviationjointemergencyresponse
AT shujieliao riskaverseevolutionarygamemodelofaviationjointemergencyresponse