{"id":"https://openalex.org/W2744197922","doi":"https://doi.org/10.1137/15m1031424","title":"Fracking, Renewables, and Mean Field Games","display_name":"Fracking, Renewables, and Mean Field Games","publication_year":2017,"publication_date":"2017-01-01","ids":{"openalex":"https://openalex.org/W2744197922","doi":"https://doi.org/10.1137/15m1031424","mag":"2744197922"},"language":"en","primary_location":{"id":"doi:10.1137/15m1031424","is_oa":false,"landing_page_url":"https://doi.org/10.1137/15m1031424","pdf_url":null,"source":{"id":"https://openalex.org/S160107561","display_name":"SIAM Review","issn_l":"0036-1445","issn":["0036-1445","1095-7200"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320508","host_organization_name":"Society for Industrial and Applied Mathematics","host_organization_lineage":["https://openalex.org/P4310320508"],"host_organization_lineage_names":["Society for Industrial and Applied Mathematics"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SIAM Review","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5031854980","display_name":"Patrick P. K. Chan","orcid":"https://orcid.org/0000-0001-7774-580X"},"institutions":[{"id":"https://openalex.org/I20089843","display_name":"Princeton University","ror":"https://ror.org/00hx57361","country_code":"US","type":"education","lineage":["https://openalex.org/I20089843"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Patrick Chan","raw_affiliation_strings":["Princeton University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Princeton University","institution_ids":["https://openalex.org/I20089843"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5039402165","display_name":"Ronnie Sircar","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Ronnie Sircar","raw_affiliation_strings":["Operations Research & Financial Engineering"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Operations Research & Financial Engineering","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":24.5034,"has_fulltext":false,"cited_by_count":59,"citation_normalized_percentile":{"value":0.99163088,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":99},"biblio":{"volume":"59","issue":"3","first_page":"588","last_page":"615"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9940000176429749,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9940000176429749,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.9926000237464905,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9925000071525574,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/counterintuitive","display_name":"Counterintuitive","score":0.7674523591995239},{"id":"https://openalex.org/keywords/cournot-competition","display_name":"Cournot competition","score":0.6123825311660767},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.6027100682258606},{"id":"https://openalex.org/keywords/competition","display_name":"Competition (biology)","score":0.5951780080795288},{"id":"https://openalex.org/keywords/barrel","display_name":"Barrel (horology)","score":0.5657929182052612},{"id":"https://openalex.org/keywords/renewable-energy","display_name":"Renewable energy","score":0.553962230682373},{"id":"https://openalex.org/keywords/context","display_name":"Context (archaeology)","score":0.49772146344184875},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.3384097218513489},{"id":"https://openalex.org/keywords/natural-resource-economics","display_name":"Natural resource economics","score":0.32678085565567017},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.12408813834190369},{"id":"https://openalex.org/keywords/physics","display_name":"Physics","score":0.1096697449684143},{"id":"https://openalex.org/keywords/geography","display_name":"Geography","score":0.07632815837860107}],"concepts":[{"id":"https://openalex.org/C101097943","wikidata":"https://www.wikidata.org/wiki/Q5176983","display_name":"Counterintuitive","level":2,"score":0.7674523591995239},{"id":"https://openalex.org/C16520705","wikidata":"https://www.wikidata.org/wiki/Q601799","display_name":"Cournot competition","level":2,"score":0.6123825311660767},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6027100682258606},{"id":"https://openalex.org/C91306197","wikidata":"https://www.wikidata.org/wiki/Q45767","display_name":"Competition (biology)","level":2,"score":0.5951780080795288},{"id":"https://openalex.org/C172227984","wikidata":"https://www.wikidata.org/wiki/Q1400397","display_name":"Barrel (horology)","level":2,"score":0.5657929182052612},{"id":"https://openalex.org/C188573790","wikidata":"https://www.wikidata.org/wiki/Q12705","display_name":"Renewable energy","level":2,"score":0.553962230682373},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.49772146344184875},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3384097218513489},{"id":"https://openalex.org/C175605778","wikidata":"https://www.wikidata.org/wiki/Q3299701","display_name":"Natural resource economics","level":1,"score":0.32678085565567017},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.12408813834190369},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.1096697449684143},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.07632815837860107},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1137/15m1031424","is_oa":false,"landing_page_url":"https://doi.org/10.1137/15m1031424","pdf_url":null,"source":{"id":"https://openalex.org/S160107561","display_name":"SIAM Review","issn_l":"0036-1445","issn":["0036-1445","1095-7200"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320508","host_organization_name":"Society for Industrial and Applied Mathematics","host_organization_lineage":["https://openalex.org/P4310320508"],"host_organization_lineage_names":["Society for Industrial and Applied Mathematics"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SIAM Review","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Affordable and clean energy","id":"https://metadata.un.org/sdg/7","score":0.8299999833106995}],"awards":[{"id":"https://openalex.org/G308161585","display_name":null,"funder_award_id":"DMS-1211906","funder_id":"https://openalex.org/F4320332172","funder_display_name":"Directorate for Mathematical and Physical Sciences"}],"funders":[{"id":"https://openalex.org/F4320332172","display_name":"Directorate for Mathematical and Physical Sciences","ror":"https://ror.org/029b7h395"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":14,"referenced_works":["https://openalex.org/W1982453953","https://openalex.org/W1988237511","https://openalex.org/W1993228970","https://openalex.org/W2034040295","https://openalex.org/W2038686546","https://openalex.org/W2075099603","https://openalex.org/W2090455272","https://openalex.org/W2265105391","https://openalex.org/W2615190415","https://openalex.org/W3121382465","https://openalex.org/W3122040146","https://openalex.org/W3122654466","https://openalex.org/W3122901751","https://openalex.org/W3124787225"],"related_works":["https://openalex.org/W1997277099","https://openalex.org/W1973578955","https://openalex.org/W2009265027","https://openalex.org/W1587155193","https://openalex.org/W2969940344","https://openalex.org/W4366813667","https://openalex.org/W2999130100","https://openalex.org/W2029656946","https://openalex.org/W2057294517","https://openalex.org/W1486907088"],"abstract_inverted_index":{"The":[0],"dramatic":[1],"decline":[2],"in":[3,11,18,49,58,75,109,112],"oil":[4,47,57,105],"prices,":[5],"from":[6,117],"around":[7],"$110":[8],"per":[9],"barrel":[10],"June":[12],"2014":[13],"to":[14,39,44],"less":[15],"than":[16],"$40":[17],"March":[19],"2016,":[20],"highlights":[21],"the":[22,31,50,59,63,103,113],"importance":[23],"of":[24,52,55,66,115],"competition":[25,116],"between":[26],"different":[27],"energy":[28,119],"sources.":[29,120],"Indeed,":[30],"sustained":[32],"price":[33],"drop":[34],"has":[35],"been":[36],"primarily":[37],"attributed":[38],"OPEC's":[40],"strategic":[41],"decision":[42],"not":[43],"curb":[45],"its":[46],"production":[48],"face":[51,114],"increased":[53],"supply":[54],"shale":[56],"U.S.,":[60],"spurred":[61],"by":[62,85],"technological":[64],"innovation":[65],"\u201cfracking.\u201d":[67],"We":[68],"study":[69],"how":[70,102],"continuous":[71],"time":[72],"Cournot":[73],"competitions,":[74],"which":[76],"firms":[77],"producing":[78],"similar":[79],"goods":[80],"compete":[81],"with":[82],"one":[83],"another":[84],"setting":[86],"quantities,":[87],"can":[88],"be":[89],"analyzed":[90],"as":[91],"continuum":[92],"dynamic":[93],"mean":[94],"field":[95],"games.":[96],"In":[97],"this":[98],"context,":[99],"we":[100],"illustrate":[101],"traditional":[104],"producers":[106],"may":[107],"react":[108],"counterintuitive":[110],"ways":[111],"alternative":[118]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":10},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":9},{"year":2021,"cited_by_count":9},{"year":2020,"cited_by_count":7},{"year":2019,"cited_by_count":7},{"year":2018,"cited_by_count":4},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1}],"updated_date":"2026-07-29T09:40:50.615796","created_date":"2025-10-10T00:00:00"}