Sharif Digital Repository

In late 2018, Qatar -as a key player in the global gas market-announced that it has decided to quit the Organisation of the Petroleum Exporting Countries (OPEC) and rather will be focussing on its gas industry. Such a decision, drew the attentions once again and after a decade to the issue of gas cartel formation. The basic question of this paper is under which conditions gas cartel formation is feasible in presence of an oil cartel. Using a game theory framework the paper models the interaction of countries that export both gas and oil and are member of OPEC with those that export only gas or oil. Results indicate that gas cartel formation is feasible but under very vulnerable conditions.... 

In late 2018, Qatar -as a key player in the global gas market-announced that it has decided to quit the Organisation of the Petroleum Exporting Countries (OPEC) and rather will be focussing on its gas industry. Such a decision, drew the attentions once again and after a decade to the issue of gas cartel formation. The basic question of this paper is under which conditions gas cartel formation is feasible in presence of an oil cartel. Using a game theory framework the paper models the interaction of countries that export both gas and oil and are member of OPEC with those that export only gas or oil. Results indicate that gas cartel formation is feasible but under very vulnerable conditions.... 

Traditional regulatory models of natural monopoly network utilities are designed to incentivise cost-efficiency, subject to the firm achieving a certain level of reliability. With the rise of decarbonisation as a key policy goal, facilitating innovation in electricity networks has become of vital importance. Innovation and cost-efficiency may overlap and exhibit the same risk profile. However, we show that when there is a difference in their risk profile, incentivising these two tasks using the same incentive scheme is ineffective. This means incentive regulations need to be enhanced with additional modules that take into account the level of risk to which companies are exposed to for their... 

This paper studies the relationship between the position of individual scientists within co-authorship networks and their scientific performance. Using co-authorship data from African scientists in the Health and Medical Sciences within a timespan of 15 years (2000–2015), we characterize the collaboration networks and calculate centrality measures for each scientist to explore how scientific production and impact can be associated with their position within the network. Our findings reveal that authors who occupy a better position within their network and are deemed to actively collaborate with others also have a higher research impact. In this regard, South African scientists do not differ... 

The current transition to a greener economy affects world markets dynamics. Given the considerable hydrocarbon dependency, we scrutinise the resilience of the Russian fiscal stance to international oil and gas prices at the first phase of this study. In doing so, we apply Cross-Quantilogram and Dynamic Simulated Autoregressive Distributed Lags (DSARDL) to analyse time-series data from January 2011 to August 2021. Our investigation demonstrates the fiscal stance (FS) positively responds to positive oil price shocks at medium quantile of FS and at lower to the higher quantile of oil price. The degree of responsiveness of FS to oil price is profound in the medium memory due to the time lag of...