A 3-Person Cooperative Game in Characteristic Function Form Formulation of the World Oil Market.

Abstract

The world oil market is modelled as a 3-person cooperative game in characteristic function form with and without side payments. The three players are the oil importing countries, the group in OPEC led by Iran and the group OPEC led by Saudi Arabia. Various solutions of the side payment game and the non side payment game are studied. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Aug 01, 1977
Accession Number
ADA045614

Entities

People

  • Prakash P. Shenoy

Organizations

  • Cornell University College of Engineering

Tags

Communities of Interest

  • C4I
  • Energy and Power Technologies

DTIC Thesaurus Topics

  • Bargaining
  • Capital Investments
  • Command And Control
  • Cooperative Games
  • Economics
  • Engineering
  • Fission
  • Game Theory
  • Industrial Engineering
  • Mathematics
  • Money
  • New York
  • Numbers
  • Operations Research
  • Petroleum
  • Saudi Arabia
  • Universities

Readers

  • Economics
  • Game Theory.
  • Nuclear Non-Proliferation and International Security