Title
Strategic Interactions in the Petroleum Industry:: Consequences for Market Structure,Used
Sold by Ergodebooks, an authorized reseller.
Returns accepted within 30 days | support@ergodebooks.com
Shipping Information
- Free Standard Shipping — United States only
- Processing Time: 1–3 business days
- Estimated Delivery: 3–5 business days after dispatch
- Double-boxed, fully insured & discreetly packaged
- Tracking number sent via email once dispatched
- Orders over $250 require signature upon delivery. Taxes calculated at checkout.
Returns & Refund
Returns accepted within 30 days of delivery.
Damaged or Defective Item
Free return shipping + replacement or full refund
Wrong Item Received
Free return shipping + replacement or full refund
Change of Mind
Return shipping at customer's expense · 25% restocking fee applies
Payment Option
This book analyses strategic interactions in the upstream activities of the petroleum industry, using game theoretic technique. The author provides insight into the peculiar nature of competitive behaviour of the oil majors and the revenue destruction effect that ensues from interdependencies between these firms for market share. These arguments are augmented by reference to an illustrative case study demonstrating prisoner's dilemma with reference to exploration efforts, and offers an explanation for the wave of mergers between 1998 to 2005. The role of process technologies such as Seismology, in the industry dynamics referenced and highlighted. The content is suitable for students enrolled in executive management courses in business schools since it provides an excellent real life example of corporate strategies, as well as oil executives and managers. Oil and gas engineers who have an interest in understanding industry dynamics, government "watch dogs", whose responsibility it is to understand industry wide consolidations are likely to find this book valuable.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.