Effect of floating pricing policy: An application of system dynamics on oil market after liberalization

Energy Policy

Volumn 39, Issue 7, 2011, Pages 4235-4252

  Wu, Jung Hua ^a   Huang, Yi Lung ^b,c   Liu, Chang Chen ^a  

^a NATIONAL CHENG KUNG UNIVERSITY   (Taiwan)

^b CPC CORPORATION   (Taiwan)

^c NONE   (Taiwan)

Author keywords

Floating pricing mechanism; Liberalization of oil market; System dynamics

Indexed keywords

DIESEL PRICES; EXPECTED REVENUE; FEEDBACK MECHANISMS; FORMOSA; GAS STATIONS; LIBERALIZATION OF OIL MARKET; MARKET MECHANISMS; MARKET SHARE; OIL MARKET; OIL SECURITY; POLICY MAKERS; PRICE COMPETITION; PRICE MECHANISM; PRICING MECHANISM; PRICING POLICY; PRICING STRATEGY; PRODUCTION COST; SCENARIO ANALYSIS; SIMULATION RESULT; SUB-SYSTEMS; SYSTEM DYNAMICS; SYSTEM DYNAMICS MODEL; VALIDATION TEST; VIRTUAL LABORATORIES;

COMMERCE; COMPETITION; COMPUTER SIMULATION; DYNAMICS; ECONOMICS; GASOLINE; SYSTEM THEORY;

COSTS;

COMMODITY PRICE; COMPETITION (ECONOMICS); COMPUTER SIMULATION; CRUDE OIL; DIESEL; ENERGY MARKET; ENERGY POLICY; NUMERICAL MODEL; POLICY MAKING; PRICE DYNAMICS; TRADE LIBERALIZATION;

TAIWAN;

EID: 79957632116     PISSN: 03014215     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.enpol.2011.04.039     Document Type: Article

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