文章基本信息

标题：Evolutionary Game Theory Approach to Technology Development of Oil and Gas Equipment Manufacturing Industry: The Case of the Ten Major Commodity Groups’ Project of the Petroleum Industry
本地全文：下载
作者：Mahdi Bagheri Nasrabadi ; Abdullah Jaasbi ; Ali Bonyadi Naeini 等
期刊名称：Iranian Journal of Management Studies
印刷版ISSN：2008-7055
出版年度：2022
卷号：15
期号：2
页码：365-380
DOI：10.22059/ijms.2021.309316.674200
语种：English
出版社：University of Tehran * College of Farabi
摘要：Technology development, especially in petroleum industries, is one of the most important ways of economic development in oil-rich countries. However, despite such challenges as structural economic problems, the issue of moral hazards, and the conflict of interests, government policies are crucial. This study analyzed the long-term behavior of the government and the private sector as two main actors using the evolutionary game theory and solved their strategies by replicator dynamic equations. Finally, based on a real-world case in Iran, a numerical study was performed to better understand the characteristics of the game model under realistic conditions. The outputs indicate that the main approach of the government, with minimal incentive mechanisms, should be legal monitoring. Sensitivity analyses on some key parameters show that the important factor in project implementation is attention to the private sector’s revenues and expenditures, and the government’s revenues and expenditures have little effect on the outputs and behavior change.
关键词：technology and economic development;policymaking;oil and gas manufacturing industries;cooperation;moral hazards