Ishaan Roy, Yash Jain, Manmath Agarwal, Jasraj Kripalani, Tanvi Sarwate,
Oindree Chakraborty Bachelor of Science in Economics, NMIMS, Mumbai
MLA 8 Roy, Ishaan, et al. "APPLYING GAME THEORY TO INTERNATIONAL RELATIONS- THE CASE OF US-SAUDI ARABIA CRUDE OIL PRICE WAR & US-CHINA TRADE WAR." Int. j. of Social Science and Economic Research, vol. 5, no. 11, Nov. 2020, pp. 3513-3577, doi:10.46609/IJSSER.2020.v05i11.015. Accessed Nov. 2020.
APA 6 Roy, I., Jain, Y., Agarwal, M., Kripalani, J., Sarwate, T., & Chakraborty, O. (2020, November). APPLYING GAME THEORY TO INTERNATIONAL RELATIONS- THE CASE OF US-SAUDI ARABIA CRUDE OIL PRICE WAR & US-CHINA TRADE WAR. Int. j. of Social Science and Economic Research, 5(11), 3513-3577. doi:10.46609/IJSSER.2020.v05i11.015
Chicago Roy, Ishaan, Yash Jain, Manmath Agarwal, Jasraj Kripalani, Tanvi Sarwate, and Oindree Chakraborty. "APPLYING GAME THEORY TO INTERNATIONAL RELATIONS- THE CASE OF US-SAUDI ARABIA CRUDE OIL PRICE WAR & US-CHINA TRADE WAR." Int. j. of Social Science and Economic Research 5, no. 11 (November 2020), 3513-3577. Accessed November, 2020. doi:10.46609/IJSSER.2020.v05i11.015.
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Abstract: We look at two specific recent events involving international relations and investigate, with the
help of game theory, how certain preferences have caused and/or magnified the end outcome of
these international relation events. The events that were chosen for analysis was the oil price war
between Saudi Arabia and the United States from 2014 to 2016 and the China-United States
Trade War from 2018 onwards. The primary objectives of this study was to utilize the core
aspects of game theory analysis to understand whether the expectations of these countries match
with actual outcome in the real world and to understand how these expectations were established
to help certain countries in resolving their bilateral problems.
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