An approach to the simulation of international oil trade

Ermoliev, Yu
Papin, A.

1982

E712
382.4

This paper describes the simulation model for international oil trade developed at IIASA in 1979. The model is designed to calculate balanced states for the oil market taking into account the conflicts of interests between exporters and to discuss the philosophy behind this approach, particular attention is also paid to the gaming algorithm used to simulate the process of trade.

PETROLEO; COMERCIO EXTERIOR; MODELO ENERGETICO;