On variational inequality approach to nash dynamic game of oil stockpiling *
Authors:
L. Zhao -
†
a;
G. Yin b
| Affiliations: | a Department of Mathematics, SUNY / College at Old Westbury, Old Westbury, NY |
| b Department of Mathematics, Wayne State University, Detroit, MI |
DOI:
10.1080/07362999508809420
Publication Frequency:
6 issues per year
Formats available:
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(English)
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Abstract
Oil market disruption and strategic stockpiling are consideredin this work. A variational inequality approach is developed.The model treated here is more general than previous work.It is established that the Nash equilibrium is characterized by a system of inequalities. A sufficient condition for the existence and uniqueness of the Nash equilibrium is derived and an efficient iterative algorithm is proposed and analyzed
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†
† Research of this author was supported in part by SUNY College at Old Westbury under the Summer Research Grant
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| Keywords: Oil Stockpiling; Strategic Planning; Dynamic Game; Nash Equilibrium; Variational Inequality |
| view references (18) |

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