Browsing Others by Subject "agreement optimization, game theory, Maxi-min solution, Nash solution, negotiation, oil companies, oil fields"
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Optimization of Exploration and Production Sharing Agreements Using the Maxi-Min and Nash Solutions
(MDPI, 2022)Cooperation between supply chain partners in the oil industry is essential, especially when oil prices suffer from fluctuations that affect the profitability of each party. An essential task in oil field development projects ...