Research on the game of manufacturing capacity sharing based on prospect theory

Abstract

In order to investigate the strategy choice of each player in capacity sharing, the article constructs a tripartite game model based on capacity provider-capacity demander-government, introduces the prospect theory and conducts numerical simulation analysis using MATLAB. The results show that capacity sharing in the manufacturing industry is related to three parties: capacity providers, capacity demanders and the government, and their strategies in the game process influence each other; the sensitivity of capacity providers and capacity demanders is higher than that of the government; the increase of risk-return coefficient and loss-avoidance coefficient is conducive to the evolution of subjects to the ideal state.