OPEC Behaviour and World Oil Prices

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A01=David J. Teece
A01=James M. Griffin
arabia
Author_David J. Teece
Author_James M. Griffin
Backward Bending Supply Curve
behavior
cartel market analysis
Category=KCL
Category=KCP
Category=KNBP
discount
Emf
energy
energy economics
Energy Modeling Forum
Energy Policy
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
forum
international energy relations
Long Run Price Elasticities
market
modeling
monopoly pricing models
Oil Demand
oil market cartel dynamics
Oil Supply Interruption
OPEC Cartel
OPEC Export
OPEC Government
OPEC Member
OPEC Nation
OPEC Oil
OPEC Oil Price
OPEC Price
OPEC Producer
OPEC State
OPEC's Price Policy
path
petroleum policy studies
Price Path
rate
Real Oil Prices
resource depletion theory
saudi
Saudi Behavior
Saudi Oil Policy
Total OPEC
World Oil Market
World Oil Prices

Product details

  • ISBN 9781138646834
  • Weight: 610g
  • Dimensions: 156 x 234mm
  • Publication Date: 29 Mar 2016
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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This volume, originally published in 1982, brings together economists, political scientists and industry experts to explain OPEC’s past achievements and future (in the early 1980s) prospects. The book opens with a clear, concise amd easy to follow treatment of the economics of exhaustible resources under monopoly and competition, the framework frequently used to examine pricing issues. The role of wealth maximisation, wealth satisficing and political factors as OPEC objectives are discussed and implications for world oil prices assessed. The stability of OPEC and the limitations of its pricing policy are examined and OPEC oil pricing and importers’ policies analysed.

Griffin, James M. ; Teece, David J.

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