1st Edition

OPEC Behaviour and World Oil Prices

By James M. Griffin, David J. Teece Copyright 1982
242 Pages
by Routledge

242 Pages
by Routledge

242 Pages
by Routledge

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... Read more

1. Introduction James M. Griffin and David J. Teece 2. OPEC As A Cartel Morris Adelman 3. OPEC Behaviour: An Alternative View David J. Teece 4. Modeling OPEC Behaivour: Economic and Political Alternatives Theodore Moran 5. The Limitaion to OPEC’s Pricing Policy John H. Lichtblau 6. Recent Oil Price Escalations: Implications for OPEC Stability George Daly, James M. Griffin and Henry B. Steele 7. OPEC Oil Pricing, and the Implications for Consumers and Producers Robert S. Pindyck 8. Policies for Oil Importers William W. Hogan 9. Conclusions James M. Griffin and David J. Teece

Biography

Griffin, James M. ; Teece, David J.