Question
Listen: The Journal: The oil price war that stoked the market freefall https://gimletmedia.com/shows/the-journal/xjhew2w/the-oil-price-war-that-stoked-the-market The podcast introduces briefly the initial situation leading to the oil price
Listen: The Journal: The oil price war that stoked the market freefall
https://gimletmedia.com/shows/the-journal/xjhew2w/the-oil-price-war-that-stoked-the-market
The podcast introduces briefly the initial situation leading to the oil price war between Saudi Arabia and Russia.
Discuss:
- How did the oil price war between Saudi Arabia and Russia begin?
- What were the objectives of Saudi Arabia and Russia?
- Why did they fail to achieve their objectives? Use game theory to illustrate the outcome of the price war.
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Classics In Game Theory
Authors: Harold William Kuhn
1st Edition
1400829151, 9781400829156
