Volume 6, Issue 21 (10-2015)                   jemr 2015, 6(21): 193-219 | Back to browse issues page


XML Persian Abstract Print


Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

Khakestari M, Nazari Adli N. The Impact of Sanction on the Oil Incomes in Oil Markets: Cooperative Game Approach. jemr 2015; 6 (21) :193-219
URL: http://jemr.khu.ac.ir/article-1-1228-en.html
1- Kharazmi University , m.khakestari@ues.ac.ir
2- Kharazmi University
Abstract:   (7190 Views)

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.

Full-Text [PDF 657 kb]   (4303 Downloads)    
Type of Study: Applicable | Subject: انرژی، منابع و محیط زیست
Received: 2015/03/11 | Accepted: 2015/10/21 | Published: 2015/12/21

Add your comments about this article : Your username or Email:
CAPTCHA

Send email to the article author


Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

© 2024 CC BY-NC 4.0 | Journal of Economic Modeling Research

Designed & Developed by : Yektaweb