Séminaire commun FDD - FiME // Y. Achdou
Speaker: Yves Achdou (LJLL, Université Paris-Diderot)
Titre: A short-term model for the oil industry addressing commercial storage
A joint work with C.Bertucci (CNRS), J.-M. Lasry (U. Dauphine), P.-L. Lions (Collège de France), A. Rostand (Kayrros), J. Scheinkman (Columbia U.)
Résumé:
We propose a mechanism for the short term dynamics of the oil market based on the interactions of several agents,
namely a major agent (a monopolistic cartel), a fringe of competitive producers Read more [...]