Why World Oil Monopolization Lowers Oil Prices: A Theory of Involuntary Cartelization
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References listed on IDEAS
- Stiglitz, Joseph E, 1976. "Monopoly and the Rate of Extraction of Exhaustible Resources," American Economic Review, American Economic Association, vol. 66(4), pages 655-661, September.
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More about this item
KeywordsTime-CONSISTENCY; Monopoly; International Cartels; Natural Resources; Conservation; Intergenerational Exploitation;
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