Research Article

Game Theory-Based Pathway Selection for Fair and Reciprocal Cooperation among Ports along the Maritime Silk Road

Table 4

Game model variables.

VariableExplanation

IExternal investment by port enterprises
ξInvestment stage coefficient
riTax rate in the host country
aInvestment conversion coefficient of the host country
bCost coefficient of the port enterprises’ external investment
cInvestment conversion coefficient of the port enterprises
ρRisk avoidance coefficient of the host country
ϴExogenous variable
ASocial welfare contribution that must be borne by the enterprises under the host country’s regulations
Fixed revenue collected from foreign enterprises by the host country
Social welfare contribution voluntarily paid by port enterprises