Actions for Dynamic Nash game model of oil market disruptions and strategic stockpiling

Email RIS file
Bookmark
Report an Issue

Dynamic Nash game model of oil market disruptions and strategic stockpiling

Author
Murphy, F. H.
Published
United States : [publisher not identified], 1984
Springfield, Va.: National Technical Information Service, [approximately 1984]
Physical Description
microfiche : negative ; 11 x 15 cm
Additional Creators
Toman, M. A. and Weiss, H. J.

Availability

Browse Nearby on Shelf
I Want It
I Want It

Finding items...

Summary
In this paper we present and analyze a Nash dynamic game model for invstigating public and private-sector oil inventory policies in unstable world oil markets. Conceptual results about the model include simple, verifiable conditions for uniqueness and stability of solutions, along with characterizations of optimal policies. We also present results and discuss computational issues that arise in determining ''subgame perfect'' infinite-horizon equilibria, using a steady-state policy iteration approach. 15 refs., 2 figs.
Report Numbers
DE85016783; DOE/PE/70267-T22
Other Subject(s)
Collection
NTIS collection.
Note
DOE contract number: AC01-80PE70267
OSTI Identifier 5319223
Research organization: Resources for the Future, Inc., Washington, DC (USA).
View MARC record | catkey: 47356729