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Social Planner’s Solution for the Caspian Sea Conflict

Author

Listed:
  • Kaveh Madani

    (University of Central Florida)

  • Majid Sheikhmohammady

    (Tarbiat Modares University)

  • Soroush Mokhtari

    (University of Central Florida)

  • Mojtaba Moradi

    (K. N. Toosi University of Technology)

  • Petros Xanthopoulos

    (University of Central Florida)

Abstract

This paper evaluates the proposed alternatives for sharing the Caspian Sea from the social planner’s or systems-level perspective with respect to the stakeholders’ utilities from the oil and natural gas resources of the sea. Different multi-criteria decision-making methods, namely dominance, maximin, lexicography, simple additive weighting, and TOPSIS are applied to determine the social planner’s ranking of these alternatives. Results suggest the Condominium governance regime as the most promising division method. Bankruptcy rules and cooperative game theory methods can be considered as the other socially optimal resolutions to the conflict over sharing the Caspian Sea energy resources among its five littoral countries. Consideration of these methods in negotiations may help with resolving the existing deadlock, which has been in place for two decades.

Suggested Citation

  • Kaveh Madani & Majid Sheikhmohammady & Soroush Mokhtari & Mojtaba Moradi & Petros Xanthopoulos, 2014. "Social Planner’s Solution for the Caspian Sea Conflict," Group Decision and Negotiation, Springer, vol. 23(3), pages 579-596, May.
    • Handle: RePEc:spr:grdene:v:23:y:2014:i:3:d:10.1007_s10726-013-9345-7
    DOI: 10.1007/s10726-013-9345-7
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    Cited by:

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    2. Adhami, Maryam & Sadeghi, Seyed Hamidreza & Sheikhmohammady, Majid, 2018. "Making competent land use policy using a co-management framework," Land Use Policy, Elsevier, vol. 72(C), pages 171-180.
    3. Popovic, Gabrijela & Stanujkic, Dragisa & Brzakovic, Miodrag & Karabasevic, Darjan, 2019. "A multiple-criteria decision-making model for the selection of a hotel location," Land Use Policy, Elsevier, vol. 84(C), pages 49-58.
    4. Sareh S. Naserizade & Mohammad Reza Nikoo & Hossein Montaseri & Mohammad Reza Alizadeh, 2021. "A Hybrid Fuzzy-Probabilistic Bargaining Approach for Multi-objective Optimization of Contamination Warning Sensors in Water Distribution Systems," Group Decision and Negotiation, Springer, vol. 30(3), pages 641-663, June.
    5. Mengjie Yang & Kai Yang & Yue Che & Shiqiang Lu & Fengyun Sun & Ying Chen & Mengting Li, 2021. "Resolving Transboundary Water Conflicts: Dynamic Evolutionary Analysis Using an Improved GMCR Model," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 35(10), pages 3321-3338, August.

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