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

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ESMAEILI MARYAM; BAHRINI ARAM; SHAYANRAD SEPIDEH

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Paper Information

Journal: JOURNAL OF INDUSTRIAL ENGINEERING INTERNATIONAL Year:2015 | Volume:11 | Issue:4 Page(s): 543-554

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Title

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 | Issue Writer Certificate

Keywords

CONFLICT RESOLUTION

NON-COOPERATIVE GAME THEORY

OIL AND GAS COMMON RESOURCES

STABILITY DEFINITIONS

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.

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APA: Copy

ESMAEILI, MARYAM, BAHRINI, ARAM, & SHAYANRAD, SEPIDEH. (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. SID. https://sid.ir/paper/310030/en

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[Internet]. 2015;11(4):543-554. Available from: https://sid.ir/paper/310030/en

IEEE: Copy

MARYAM ESMAEILI, ARAM BAHRINI, and SEPIDEH SHAYANRAD, “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, vol. 11, no. 4, pp. 543–554, 2015, [Online]. Available: https://sid.ir/paper/310030/en

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