Please use this identifier to cite or link to this item:
https://dspace.univ-ouargla.dz/jspui/handle/123456789/24655
Title: | GLOBAL STOCHASTIC APPROACH OF ENERGY MARKETS DYNAMIC: MODELING FUTURE OPEC-PLUS STACKELBERG MARKET STRUCTURE 2020-2030 |
Authors: | DAOUD SADALLAH |
Keywords: | Oil arbitrageurs OPEC-Plus Stackelberg market Cartel Oil market |
Issue Date: | 2020 |
Series/Report no.: | numéro 20 2020; |
Abstract: | This paper attempts to analyze and determine future transformation of OPEC-Plus Stackelberg market structure, whether from fractional equilibrium where the OPEC behaves as an arbitrageur player, or where OPEC-Plus act as compatible in a Stackelberg crude oil market conditions. We provided a factual evidence of global energy market structure until 2030 that should ignore suppliers’ intentions and the potential of OPEC-Plus members cheating in production quotas. We used global dynamic stochastic optimization model (GDSOM) to test the sensitivity of future OPEC-Plus Stackelberg market behavior due to demand elasticity rating of full market competition conditions, oligopoly and dynamic stochastic market conditions. Empirical results show that future OPEC-Plus Stackelberg market does not presents synergy in dynamic stochastic crude market conditions, which does not comply with the main research rational hypotheses |
Description: | Revue El Bahith |
URI: | http://dspace.univ-ouargla.dz/jspui/handle/123456789/24655 |
ISSN: | 2437-0843 |
Appears in Collections: | numéro 20 2020 |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
R2001F.pdf | 74,85 kB | Adobe PDF | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.