TY  - JOUR
TI  - Cooperative Rivalry- a Prospective Alternative to International Organisations on a Global Energy Market: a Case of Russia-USA European Gas Standoff<br><br>
T2  - INTERNATIONAL ORGANISATIONS RESEARCH JOURNAL
IS  - INTERNATIONAL ORGANISATIONS RESEARCH JOURNAL
KW  - international competitiveness
KW  - European gas market
KW  - Nord Stream
KW  - LNG
KW  - price and non-price competition
KW  - economic and political rivalry
KW  - political economy modeling
KW  - sanctions
KW  - added value
KW  - energy security
AB  - The purpose of this article is to consider the options for settling equilibrium on the world gas market in the absence of international regulating institutions while political instruments of non-market competition are actively being used by European market players. A market analysis from the point view of cost structure and the interests of key suppliers and consumers is undertaken, and an attempt to build a model of market interactions accompanied by sanctions is made. Modelling the internalization of political restrictions is used to ground actors&rsquo; motives and their strategies in new conditions. The results of this analysis provide for essential conclusions regarding market change in general as well as changes in the positions of separate players. Mathematically sound results inspire optimism that actors can take optimal and efficient decisions despite non-economic competition and de facto failure of international institutions
AU  - Alexander Simonov
UR  - https://iorj.hse.ru/en/2022-17-1/582197970.html
PY  - 2022
SP  - 129-141
VL  - 17