Optimization of Iran’s Production in Forouzan Common Oil Filed based on Game Theory
One of Iran's problems in the production of common oil and gas fields is unequal extraction. Therefore, the production of common oil and gas fields in onshore and offshore is essential for Iran, so this must carefully monitor, which can be considered as a game-liked approach, that eac...
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Format: | Article |
Language: | English |
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University of Kashan
2020-09-01
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Series: | Mathematics Interdisciplinary Research |
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Online Access: | https://mir.kashanu.ac.ir/article_110785_a691e535eb3b708b6b52b18da4a3c5a3.pdf |
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author | Seyed Pendar Toufighi Mohamadreza Mehregan Ahmad Jafarnejad |
author_facet | Seyed Pendar Toufighi Mohamadreza Mehregan Ahmad Jafarnejad |
author_sort | Seyed Pendar Toufighi |
collection | DOAJ |
description | One of Iran's problems in the production of common oil and gas fields is unequal extraction. Therefore, the production of common oil and gas fields in onshore and offshore is essential for Iran, so this must carefully monitor, which can be considered as a game-liked approach, that each player tries to increase its payoff. Therefore, the purpose of this study is to apply game theory in examining Iran's approaches to extracting from common oil fields. For this purpose, the present study seeks to design a mathematical model to optimize the production of Iran against a competitor using a game. Since the proposed model is in the field of mathematical modeling, the research strategy is a case study. Meanwhile, the data-gathering tool is descriptive. The results showed that Iran's equilibrium in Forouzan oil field is cooperation, and the equilibrium of Saudi Arabia is non-cooperation. Finally, the executive policies based on research results presented. |
first_indexed | 2024-03-11T11:13:37Z |
format | Article |
id | doaj.art-8b7e5cff691a4131b7113115f70fec63 |
institution | Directory Open Access Journal |
issn | 2476-4965 |
language | English |
last_indexed | 2024-03-11T11:13:37Z |
publishDate | 2020-09-01 |
publisher | University of Kashan |
record_format | Article |
series | Mathematics Interdisciplinary Research |
spelling | doaj.art-8b7e5cff691a4131b7113115f70fec632023-11-11T08:14:04ZengUniversity of KashanMathematics Interdisciplinary Research2476-49652020-09-015317319210.22052/mir.2020.238991.1222110785Optimization of Iran’s Production in Forouzan Common Oil Filed based on Game TheorySeyed Pendar Toufighi0Mohamadreza Mehregan1Ahmad Jafarnejad2Faculty of Management, University of Tehran, Kish International Campus, I. R. IranFaculty of Management, University of Tehran, I. R. IranFaculty of Management, University of Tehran, I. R. IranOne of Iran's problems in the production of common oil and gas fields is unequal extraction. Therefore, the production of common oil and gas fields in onshore and offshore is essential for Iran, so this must carefully monitor, which can be considered as a game-liked approach, that each player tries to increase its payoff. Therefore, the purpose of this study is to apply game theory in examining Iran's approaches to extracting from common oil fields. For this purpose, the present study seeks to design a mathematical model to optimize the production of Iran against a competitor using a game. Since the proposed model is in the field of mathematical modeling, the research strategy is a case study. Meanwhile, the data-gathering tool is descriptive. The results showed that Iran's equilibrium in Forouzan oil field is cooperation, and the equilibrium of Saudi Arabia is non-cooperation. Finally, the executive policies based on research results presented.https://mir.kashanu.ac.ir/article_110785_a691e535eb3b708b6b52b18da4a3c5a3.pdfgame theorycommon fieldsoil & gascooperative gameforouzan oil filed |
spellingShingle | Seyed Pendar Toufighi Mohamadreza Mehregan Ahmad Jafarnejad Optimization of Iran’s Production in Forouzan Common Oil Filed based on Game Theory Mathematics Interdisciplinary Research game theory common fields oil & gas cooperative game forouzan oil filed |
title | Optimization of Iran’s Production in Forouzan Common Oil Filed based on Game Theory |
title_full | Optimization of Iran’s Production in Forouzan Common Oil Filed based on Game Theory |
title_fullStr | Optimization of Iran’s Production in Forouzan Common Oil Filed based on Game Theory |
title_full_unstemmed | Optimization of Iran’s Production in Forouzan Common Oil Filed based on Game Theory |
title_short | Optimization of Iran’s Production in Forouzan Common Oil Filed based on Game Theory |
title_sort | optimization of iran s production in forouzan common oil filed based on game theory |
topic | game theory common fields oil & gas cooperative game forouzan oil filed |
url | https://mir.kashanu.ac.ir/article_110785_a691e535eb3b708b6b52b18da4a3c5a3.pdf |
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