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What motivates membership in non-renewable resource cartels?: The case of OPEC

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  • Mason, Charles F.
  • Polasky, Stephen

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Bibliographic Info

Article provided by Elsevier in its journal Resource and Energy Economics.

Volume (Year): 27 (2005)
Issue (Month): 4 (November)
Pages: 321-342

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Handle: RePEc:eee:resene:v:27:y:2005:i:4:p:321-342

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Web page: http://www.elsevier.com/locate/inca/505569

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References

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  1. Gardner, Roy & Herr, Andrew & Ostrom, Elinor & Walker, James A., 2000. "The power and limitations of proportional cutbacks in common-pool resources," Journal of Development Economics, Elsevier, vol. 62(2), pages 515-533, August.
  2. Polasky, Stephen, 1992. "Do oil producers act as 'Oil'igopolists?," Journal of Environmental Economics and Management, Elsevier, vol. 23(3), pages 216-247, November.
  3. Hnyilicza, Esteban & Pindyck, Robert S., 1976. "Pricing policies for a two-part exhaustible resource cartel : The case of OPEC," European Economic Review, Elsevier, vol. 8(2), pages 139-154, August.
  4. Pindyck, Robert S, 1978. "Gains to Producers from the Cartelization of Exhaustible Resources," The Review of Economics and Statistics, MIT Press, vol. 60(2), pages 238-51, May.
  5. James M. Griffin & Lawrence M. Vielhaber, 1994. "OPEC Production: The Missing Link," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 115-132.
  6. Fudenberg, Drew & Maskin, Eric, 1986. "The Folk Theorem in Repeated Games with Discounting or with Incomplete Information," Econometrica, Econometric Society, vol. 54(3), pages 533-54, May.
  7. Adelman, M. A. & Shahi, Manoj, 1989. "Oil development-operating cost estimates, 1955-1985," Energy Economics, Elsevier, vol. 11(1), pages 2-10, January.
  8. Stiglitz, Joseph E, 1976. "Monopoly and the Rate of Extraction of Exhaustible Resources," American Economic Review, American Economic Association, vol. 66(4), pages 655-61, September.
  9. Benoit, Jean-Pierre & Krishna, Vijay, 1985. "Finitely Repeated Games," Econometrica, Econometric Society, vol. 53(4), pages 905-22, July.
  10. Selten, Reinhard & Stoecker, Rolf, 1986. "End behavior in sequences of finite Prisoner's Dilemma supergames A learning theory approach," Journal of Economic Behavior & Organization, Elsevier, vol. 7(1), pages 47-70, March.
  11. Wiggins, Steven N & Libecap, Gary D, 1987. "Firm Heterogeneities and Cartelization Efforts in Domestic Crude Oil," Journal of Law, Economics and Organization, Oxford University Press, vol. 3(1), pages 1-25, Spring.
  12. Karp, Larry, 1992. "Social Welfare in a Common Property Oligopoly," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 33(2), pages 353-72, May.
  13. Griffin, James M & Xiong, Weiwen, 1997. "The Incentive to Cheat: An Empirical Analysis of OPEC," Journal of Law and Economics, University of Chicago Press, vol. 40(2), pages 289-316, October.
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Cited by:
  1. Wirl, Franz, 2008. "Why do oil prices jump (or fall)?," Energy Policy, Elsevier, vol. 36(3), pages 1029-1043, March.
  2. Boyce, John R. & Vojtassak, Lucia, 2008. "An 'oil'igopoly theory of exploration," Resource and Energy Economics, Elsevier, vol. 30(3), pages 428-454, August.
  3. Wirl, Franz, 2009. "OPEC as a political and economical entity," European Journal of Political Economy, Elsevier, vol. 25(4), pages 399-408, December.
  4. Tarui, Nori, 2007. "Inequality and outside options in common-property resource use," Journal of Development Economics, Elsevier, vol. 83(1), pages 214-239, May.

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