Abstract
In this paper we study the U.S.-OPEC oil conflict and compute the payoff matrix for each of the two players using the Analytic Hierarchy Process by first evaluating the strategies of each player according to their intrinsic merits and then according to their relative strengths when considered against each of the opponent's strategies. We compose the two results to derive the pay-off matrix. We then identify and study equilibrium payoffs and discuss their strategies.
This is a preview of subscription content, log in via an institution to check access.
Similar content being viewed by others
References
Alexander, J.M., andT.L. Saaty: The forward and backward processes of conflict analysis. Behavioral Science22, 1977, 87–98.
—: Stability analysis of the foreward-backward process: Northern Ireland case study. Behavioral Science22, 1977, 375–382
Saaty, T.L.: A scaling method for priorities in hierarchical structures. Journal of Mathematical Psychology15, 1977, 234–281.
Saaty, T.L., andP.C. Rogers: The future of higher education in the United States. Socioeconomic Planning Sciences10, 1976, 251–264.
Saaty, T.L., andJ.P. Bennett: Terrorism: patterns for negotiations; three case studies through hierarchies and holarchies. A Study for the Arms Control and Disarmament Agency, August, 1977.
Author information
Authors and Affiliations
Rights and permissions
About this article
Cite this article
Saaty, T.L. The U.S.-OPEC energy conflict the payoff matrix by the Analytic Hierarchy Process. Int J Game Theory 8, 225–234 (1979). https://doi.org/10.1007/BF01766708
Received:
Revised:
Issue Date:
DOI: https://doi.org/10.1007/BF01766708