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  • WHO WE ARE
  • WHAT WE DO
    • ENERGY MARKETS ADVISORY
      • Strategy
      • Oil & Gas Upstream
      • Natural Gas
      • Electricity
      • International Financial Institution projects
    • INDEPENDENT PROJECT COSTING & EXPERTISE
    • TRAINING & EVENTS
  • OUR PEOPLE
  • BLOG AND PUBLICATION
  • enEN

European Gas’ Game Theory

Arbitration, Europe, GasBy Michael GrossmannOctober 11, 2019Leave a comment

Michael Grossmann, October 2019 In a Nash Equilibrium the successive actions of gamers can lead to a stable equilibrium where any additional action would leave each gamer individually only worse off. In the negotiations over the future of Russian gas transit through Ukraine, the gamers are Gazprom and the Ukrainian state. The European Commission is…

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