
Frontiers in Marine Science | New and Recent Articles
Evolutionary game analysis of pirate attack based on prospect theory
The escalating threat of pirate attacks poses significant challenges to shipping safety, international trade, and regional stability. This study employs a three-player evolutionary game model to explore the interactions among shipping companies, pirates, and the government in addressing piracy. Grounded in prospect theory, it utilizes MATLAB simulations and sensitivity analyses to reveal how risk aversion influences strategic decisions. Findings highlight that enhancing crackdowns on piracy, understanding shipping companies' risk tendencies, and improving government response capabilities are vital for effective cross-border governance and piracy mitigation strategies.










