INVESTIGATION OF THE NATURE OF STRATEGIC INTERACTIONS IN THE POLISH WHOLESALE FUEL MARKET: STATISTICAL ANALYSIS OF A MARKET STRUCTURE AND A PRICE MECHANISM
Sylwester Bejger ()
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Sylwester Bejger: Nicolaus Copernicus University
Acta Universitatis Nicolai Copernici, Ekonomia, 2015, vol. 46, issue 1, 77-95
The study is devoted to preliminary analysis of the Polish petroleum industry and the wholesale level of the fuel market in the context of strategic interactionsâ€™ research. In the paper, the structure of the Polish petroleum industry (refining sector) and the wholesale level of the market were analyzed, in order to extract every factors influencing the shape of theoretical strategic interaction model. As a result, the key characteristics of the industry, the wholesale market, the players and price creation mechanism have been isolated. Basing on that findings, the Author has pointed to essential elements of the theoretical model of strategic interactions (game model), which can be constructed as a possible model of playersâ€™ behavior.
Keywords: wholesale fuel market; strategic behavior; descriptive statistics (search for similar items in EconPapers)
JEL-codes: L1 L7 C41 (search for similar items in EconPapers)
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