DYNAMIC ANALYSIS OF THE COOPERATION AND COMPETITION RELATIONSHIP IN THE OIL AND GAS INDUSTRY IN ROMANIA
The aim of the paper is to analyse the cooperation and competition relationship in the oil and gas industry in Romania using the game theory. The players are the companies, the payoffs are the profits obtained by the entities and there are two strategies as cooperation and competition. Two cases are...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
University of Oradea Publishing House
2019-10-01
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Series: | Oradea Journal of Business and Economics |
Subjects: | |
Online Access: | http://ojbe.steconomiceuoradea.ro/wp-content/uploads/2019/10/OJBE_vol-42-16-25.pdf |