The Open Cybernetics & Systemics Journal




(Discontinued)

ISSN: 1874-110X ― Volume 12, 2018

Game Analysis of International Marine Petroleum Cooperation’s Environmental Governance: The Bohai Gulf Oil Spill



Lin Zhu1, Sha He2, *, Xiantao Liu2, Qingxiang Sun2, Huangsu Li3
1 School of Civil and Architecture Engineering, Southwest Petroleum University, China
2 School of Economics and Management, Southwest Petroleum University, China
3 Deyang Branch of China's State Grid Corp, China

Abstract

In this paper, we discuss the economic reasons for overexploitation that led to the Bohai Gulf oil spill, using game theory. Based on the Bohai Gulf incident, we present the causes of ocean international petroleum cooperation, reveal the connection between the interests of Chinese local oil companies and that of a foreign oil company, analyze both sides of the benefit equilibrium between ConocoPhillips China Inc. and the government, and examine the three sides of the dynamic asymmetric game equilibrium among ConocoPhillips China Inc., the government, and societal opinion. The study makes the following conclusions. First, Chinese offshore international petroleum cooperation is inevitable due to China’s limited development level in science and technology. Second, Chinese local oil companies and foreign oil companies have formed a community of interests. Third, the two-side dynamic game analysis shows that the punishment for offshore environment pollution is rather low in China. Fourth, the asymmetric evolutionary game model shows that public opinions enhance government supervision, improve punishment for offshore pollution, and significantly increase the cost of excessive development. In addition, our analytical framework can be applied beneficially to the development of other resources, which will provide strategic support for government legislation and international resource management.

Keywords: Bohai gulf oil spill, Economic game, Evolution model, Game analysis, International petroleum cooperation.


Article Information


Identifiers and Pagination:

Year: 2016
Volume: 10
First Page: 202
Last Page: 209
Publisher Id: TOCSJ-10-202
DOI: 10.2174/1874110X01610010202

Article History:

Received Date: 27/10/2015
Revision Received Date: 17/06/2016
Acceptance Date: 27/07/2016
Electronic publication date: 27/10/2016
Collection year: 2016

© Zhu et al.; Licensee Bentham Open

open-access license: This is an open access article licensed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 International Public License (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/legalcode), which permits unrestricted, non-commercial use, distribution and reproduction in any medium, provided the work is properly cited.


* Address correspondence to this author at the School of Economics and Management, Southwest Petroleum University, China; Tel: 8615002871918; Fax: 02883032092; E-mail: hesha28@sina.com



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