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Paper Information

Journal:   JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL   DECEMBER 2015 , Volume 11 , Number 4; Page(s) 543 To 554.
 
Paper: 

USING GAME THEORY APPROACH TO INTERPRET STABLE POLICIES FOR IRAN’S OIL AND GAS COMMON RESOURCES CONFLICTS WITH IRAQ AND QATAR

 
 
Author(s):  ESMAEILI MARYAM*, BAHRINI ARAM, SHAYANRAD SEPIDEH
 
* DEPARTMENT OF INDUSTRIAL ENGINEERING, ALZAHRA UNIVERSITY, AVESTA ALLEY, SHEIKH BAHAEI STREET, VANAK, TEHRAN, IRAN
 
Abstract: 

Oil and gas as the non-renewable resources are considered very valuable for the countries with petroleum economics. These resources are not only diffused equally around the world, but also they are common in some places which their neighbors often come into conflicts. Consequently, it is vital for those countries to manage their resource utilization. Lately, game theory was applied in conflict resolution of common resources, such as water, which is a proof of its efficacy and capability. This paper models the conflicts between Iran and its neighbors namely Qatar and Iraq between their oil and gas common resources using game theory approach. In other words, the future of these countries will be introduced and analyzed by some well-known 29 2 games to achieve a better perspective of their conflicts. Because of information inadequacy of the players, in addition to Nash Stability, various solution concepts are used based on the foresight, disimprovements, and knowledge of preferences. The results of mathematical models show how the countries could take a reasonable strategy to exploit their common resources.

 
Keyword(s): CONFLICT RESOLUTION, NON-COOPERATIVE GAME THEORY, OIL AND GAS COMMON RESOURCES, STABILITY DEFINITIONS
 
 
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+ Click to Cite.
APA: Copy

ESMAEILI, M., & BAHRINI, A., & SHAYANRAD, S. (2015). USING GAME THEORY APPROACH TO INTERPRET STABLE POLICIES FOR IRAN’S OIL AND GAS COMMON RESOURCES CONFLICTS WITH IRAQ AND QATAR. JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL, 11(4), 543-554. https://www.sid.ir/en/journal/ViewPaper.aspx?id=510815



Vancouver: Copy

ESMAEILI MARYAM, BAHRINI ARAM, SHAYANRAD SEPIDEH. USING GAME THEORY APPROACH TO INTERPRET STABLE POLICIES FOR IRAN’S OIL AND GAS COMMON RESOURCES CONFLICTS WITH IRAQ AND QATAR. JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL. 2015 [cited 2021July30];11(4):543-554. Available from: https://www.sid.ir/en/journal/ViewPaper.aspx?id=510815



IEEE: Copy

ESMAEILI, M., BAHRINI, A., SHAYANRAD, S., 2015. USING GAME THEORY APPROACH TO INTERPRET STABLE POLICIES FOR IRAN’S OIL AND GAS COMMON RESOURCES CONFLICTS WITH IRAQ AND QATAR. JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL, [online] 11(4), pp.543-554. Available: https://www.sid.ir/en/journal/ViewPaper.aspx?id=510815.



 
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