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OPEC Behaviour and World Oil Prices

By James M. Griffin, David J. Teece
eBook
$54.99
By James M. Griffin, David J. Teece
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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...

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BusinessEconomicsEconomic ConditionsEconomic Conditions - General & Miscellaneous