A class of short-term models for the oil industry that accounts for speculative oil storage

DOI10.1007/s00780-022-00481-yzbMath1494.91139OpenAlexW4283650441MaRDI QIDQ2153528

Jean-Michel Lasry, Charles Bertucci, Pierre-Louis Lions, Antoine Rostand, José Alexandre Scheinkman, Yves Achdou

Publication date: 5 July 2022

Published in: Finance and Stochastics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00780-022-00481-y

zbMATH Keywords

boundary conditions linked to state constraintseconomics of oil industrymajor agent facing a crowd of physical arbitrageurs

Mathematics Subject Classification ID

PDEs in connection with game theory, economics, social and behavioral sciences (35Q91) Mean field games and control (49N80) Financial markets (91G15)

Related Items (1)

Mean field models to regulate carbon emissions in electricity production

Cites Work

• A long-term mathematical model for mining industries
• Mean field games
• Mean-field games with a major player
• A roe-like numerical method for weakly hyperbolic systems of equations in conservation and non-conservation form
• The Master Equation and the Convergence Problem in Mean Field Games
• Some remarks on mean field games
• Unnamed Item

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