Strategic interdependence in European East-West gas trade: A hierarchical Stackelberg game approach

Grais, Wafik; Zheng, Kangbin
June 1996
Energy Journal;1996, Vol. 17 Issue 3, p61
Academic Journal
Examines strategic interdependence in European East-West gas trade. Uncertainties about the interdependence and interactions among market participants due to the new and more complex structure of the natural gas transit system; Use of Stackelberg game approach with three layers of players; Formulation of transparent, flexible and incentive-compatible contracts.


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