Desirable policies of a strategic petroleum reserve in coping with disruption risk: a Markov decision process approach

DOI10.1016/j.cor.2015.07.017zbMath1349.90586MaRDI QIDQ342162

Mohammad Hasan, M. Dambrine

Publication date: 17 November 2016

Published in: Computers \& Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.cor.2015.07.017

zbMATH Keywords

Markov processes; OR in energy; oil supply disruption; strategic petroleum reserve (SPR)

Mathematics Subject Classification ID

90B90: Case-oriented studies in operations research

90C40: Markov and semi-Markov decision processes

91B76: Environmental economics (natural resource models, harvesting, pollution, etc.)