The Impact of Sanction on the Oil Incomes in Oil Markets: Cooperative Game Approach
Author(s):
Abstract:
Monetary wide range of sanctions has been established against Iran in recent years by European: :union:: and United States. These sanctions have been targeted Iran energy and oil industry. Although, these types of sanctions are not new on Iran and Iran is familiar whit them since oil nationalization movement. This paper studies these sanctions effects on Iran in recent years and tries to assess the possible strategies with game theory. In order to achieve this proposed, three players are introduced: Iran, Saudi Arabia and United States, and then a model have been established. At the following, the model was solved and Nash equilibrium obtained for each one. Each of three players, United States, Saudi Arabia and Iran choose their strategy, respectively, pressure reduction, cooperation and cooperation. At the end of this study, the impact of oil sanction on Iran's sales, has been shown. Eventually, it was seen even with great increasing in world oil prices, Iran's in come has been downward.
Keywords:
Oil Market , Game Theory , Sanction , Iran
Language:
Persian
Published:
Journal of Economic Modeling Research, Volume:6 Issue: 21, 2016
Pages:
193 to 219
https://magiran.com/p1484922
دانلود و مطالعه متن این مقاله با یکی از روشهای زیر امکان پذیر است:
اشتراک شخصی
با عضویت و پرداخت آنلاین حق اشتراک یکساله به مبلغ 1,390,000ريال میتوانید 70 عنوان مطلب دانلود کنید!
اشتراک سازمانی
به کتابخانه دانشگاه یا محل کار خود پیشنهاد کنید تا اشتراک سازمانی این پایگاه را برای دسترسی نامحدود همه کاربران به متن مطالب تهیه نمایند!
توجه!
- حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران میشود.
- پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانههای چاپی و دیجیتال را به کاربر نمیدهد.
In order to view content subscription is required
Personal subscription
Subscribe magiran.com for 70 € euros via PayPal and download 70 articles during a year.
Organization subscription
Please contact us to subscribe your university or library for unlimited access!