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Thesis

Differential games of exhaustible resource extraction

Abstract:

This thesis is concerned with game-theoretic models of oligopoly resource markets. They revolve around an open market, on which a number of firms sell a common resource. The market price-demand relationship means that the price (demand) that results from the firm’s production (pricing) decisions is a function of the decisions of all firms selling to that market. This means that firms must generally anticipate the actions of competing firms when determining their own strategies, which ...

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Institution:
University of Oxford
Research group:
Mathematical Finance Group
Oxford college:
St Edmund Hall
Department:
Mathematical,Physical & Life Sciences Division - Mathematical Institute

Contributors

Role:
Supervisor
Publication date:
2013
Type of award:
DPhil
Level of award:
Doctoral
URN:
uuid:0e740dad-4dd8-4f49-9dbb-3de5d7328960
Local pid:
ora:8925

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