Title :
Coalitions and attitudes in petroleum brownfield decision making
Author :
Walker, Sean Bernath ; Hipel, Keith W. ; Inohara, Takehiro
Author_Institution :
Dept. of Syst. Design Eng., Univ. of Waterloo, Waterloo, ON, Canada
Abstract :
A formal conflict methodology is applied to the practical negotiation of a petroleum brownfield transaction to illustrate the usefulness of this novel theoretical development and the inherent need for cooperation and coalition movements in brownfield negotiations. The Graph Model for Conflict Resolution (GMCR), a flexible formal conflict model, and associated frameworks used for analyzing coalitions, attitudes and coalitions and attitudes (COAT) are employed and defined formally herein. Using these important approaches, decision analysts can gain insight into what type of strategic decision making will help bring problems, such as the negotiation of liability around a petroleum brownfield, to a win-win resolution.
Keywords :
decision making; graph theory; petroleum industry; conflict resolution; flexible formal conflict model; formal conflict methodology; graph model; petroleum brownfield decision making; petroleum brownfield transaction; Analytical models; Artificial neural networks; Delta modulation; Coalitions and Attitudes (COAT); Graph Model for Conflict Resolution; attitudes; brownfields; coalitions; petroleum brownfields;
Conference_Titel :
Systems Man and Cybernetics (SMC), 2010 IEEE International Conference on
Conference_Location :
Istanbul
Print_ISBN :
978-1-4244-6586-6
DOI :
10.1109/ICSMC.2010.5641706