2-person non-zero-sum game model of the World oil market. Technical report
Technical Report
·
OSTI ID:6887376
The world oil market is modelled as a 2-person non-zero-sum game in normal form. The two players are the oil importing nations and the oil exporting nations. The solution of the game is investigated in the noncooperative sense using the Nash's equilibrium point concept and in the cooperative sense using von Neumann and Morgenstern's negotiation set and Nash's barganing point solution.
- Research Organization:
- Cornell Univ., Ithaca, N.Y. (USA). School of Operations Research and Industrial Engineering
- OSTI ID:
- 6887376
- Report Number(s):
- AD-A-045613
- Country of Publication:
- United States
- Language:
- English
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