We use cooperative game theory to analyze how the architecture of the pipelinenetwork determines the power structure in the supply chain for Russian gas. If theassessment is narrowly focussed on the abilities to obstruct °ows in the existingsystem, the main transit countries Belarus and Ukraine...

We develop a dynamic model of strategic investment in the Eurasian transport system fornatural gas. In the absence of international contract enforcement, countries may distortinvestment in order to increase their bargaining power, resulting in underinvestment incheap and/or overinvestment in...