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Efficient Pricing During Oil Supply Disruptions

Author

Listed:
  • Richard J. Gilbert
  • Knut Anton Mork

Abstract

Recent events in the oil market make it easy to forget the policy problems of dealing with supply interruptions. Realizing that history tends to repeat itself and that crises are not conducive to good decisions, it seems worthwhile, therefore, to examine the problem of efficient pricing in the wake of an oil price shock.

Suggested Citation

  • Richard J. Gilbert & Knut Anton Mork, 1986. "Efficient Pricing During Oil Supply Disruptions," The Energy Journal, , vol. 7(2), pages 51-68, April.
    • Handle: RePEc:sae:enejou:v:7:y:1986:i:2:p:51-68
    DOI: 10.5547/ISSN0195-6574-EJ-Vol7-No2-4
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    References listed on IDEAS

    as
    1. Blinder, Alan S, 1981. "Monetary Accommodation of Supply Shocks under Rational Expectations," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 13(4), pages 425-438, November.
    2. repec:aen:journl:1980v01-03-a02 is not listed on IDEAS
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