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THE RUSSIAN ECONOMY GAS SECTOR DEVELOPMENT STRATEGY IN THE CONTEXT OF ECONOMIC TURBULENCE CONCERNING GAME THEORY

Journal: Science and world (Vol.3, No. 20)

Publication Date:

Authors : ;

Page : 34-40

Keywords : gas sector of the Russian Federation; economic turbulence; optimal development strategy; nature game; Wald criterion; maximax criterion; Hurwicz criterion; generalized Hurwicz criterion;

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Abstract

The gas sector ids very important in the Russian economy. However, the efficiency of its development especially under the condition of economic turbulence is poorly known. Currently the search for the best way of Russian gas sector development is essential, as it can help overcome the economic crisis and become an innovative growing point. The aim of this research is finding the best strategy for Gazprom JSC with the help of the game theory under the condition of intrinsic relevant instability. In this article, several nature states are chosen which affect the economic situation. The number of nature states can be increased if required. The research shows that the best strategy is the increase of gas processing to chemical raw materials, which is supported by the experts in oil and gas sphere. The obtained results prove the opportunity of game theory method for the solution of such issues.

Last modified: 2016-07-19 15:41:43