Title:
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Application of game theory to oil producing countries. Forecasting market players behavior in the current new oil order
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Author:
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Alcelay Losáñez, Amaia; Bonay Gárate, Crispín; Guindulain Lebrero, Alicia
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Other authors:
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HEC Paris; François, Jean Pierre |
Abstract:
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The aim of this paper is to further study the application of game theory to world oil market. A first part focused exclusively to a deep analysis of the current situation and of future prospects for the main players involved allows to select the best theoretical framework to represent it in a model. In the second half, based on our assessment and forecast of the main variables and on the tools offered by game theory, projections on the evolution of oil price for the coming years are computed for different scenarios. Moreover, the main weaknesses are studied in order to offer possible improvements for future models. |
Abstract:
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Outgoing |
Subject(s):
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-Àrees temàtiques de la UPC::Energies::Recursos energètics no renovables::Petroli -Petroleum industry and trade -Petroli--Indústria i comerç |
Rights:
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Document type:
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Research/Master Thesis |
Published by:
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Universitat Politècnica de Catalunya
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