西南石油大学学报(社会科学版) ›› 2010, Vol. 4 ›› Issue (8): 1-4.DOI: 10.3863/j.issn.1674-5094.2010.01.001

• 石油与天然气软科学 •     Next Articles

ANALYSIS OF OIL PRODUCT MARKET STRUCTURE AND PRODUCER BEHAVIOR GAME

WAN Xi1 WANG Tao2 LI Qin3   

  1. 1.Economic and Management College，Chongqing University of Science and Technology，Chongqing 401331，China；2.Department of Oil Application & Management Engineering，the Logistical Engineering University of PLA，Chongqing 401331，China；3.Personnel Department，Chongqing University of Science and Technology，Chongqing 401331，China
  • Received:1900-01-01 Revised:1900-01-01 Online:2010-01-20

Abstract:

An analysis of China′s oil product market reveals that the oil product market is an imperfect competition market dominated by the twin oligarchies of CNPC and Sinopec with plural investment subjects.The authors believe that there won′t be any game in oil product yields and the price game between the twin oligarchies will drive them into prisoner′s dilemma.And a further study of other oil producers′ behavior shows that they do not have any advantages in yields and price.It is hoped these studies can offer some help in decision making process to oil product consumers.

Key words: oil product market, market structure, twin oligarchies, game theory, oil companies

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