(joint with Balázs Sziklai & Dávid Csercsik)
We investigate the geopolitical impact and the possible consequences of the construction of
the Nord Stream 2 pipeline. We model the European gas network as a cooperative game
between regions as players over the pipeline network, where LNG is also treated as a separate
player. We focus on the change of influence of the players in three different scenarios. We
investigate how the power of the agents shift when the Nord Stream pipeline is expanded,
when the Ukrainian pipeline is shut down and finally when both of these happen. Our
calculations show that when Nord Stream 2 is operational, Russia and Western Europe
improve their position compared to the base scenario, while other suppliers, notably Norway,
together with Central- Eastern- and Southern Europe suffer losses, especially when the
Ukrainian route is dismissed. The results highlight that both the supporters and adversaries
of Nord Stream 2 are governed by self-interest and solidarity and trust, the values proclaimed
by the EU and the Energy Union, remain but a slogan.
László Á. Kóczy is an associate professor is at the Dept. of Finance of BME. He graduated from the
University of Cambridge reading Mathematics and from KU Leuven in Economics. He has published
over 30 papers in the fields of cooperative game theory, voting, economic theory and scientometrics.
on the theory and applications of cooperative games, power indices, the apportionment problem and
some experimental papers.
Időpont: 2019. március 5. (kedd), 10:00
Helyszín: BME Szociológia és Kommunikáció Tanszék,