We consider whether a newspaper article count index related to the organization of petroleum exporting countries (OPEC), which rises in response important OPEC meetings and events connected with production levels, contains predictive power for foreign exchange rates G10 countries. The applied Bayesian inference methodology synthesizes wide array established approaches modelling rate dynamics, w...

Abstract We analyse the behaviour of OPEC as a group by formulating theoretical model that encompasses perfect competition and various forms imperfect model. By confronting with quarterly data for period from 1992 to 2013 within context cointegrated vector autoregressive (CVAR) model, we find support hypothesis regarding output decisions OPEC. also dynamic equilibrium correction is stable in-sa...

We conduct an event analysis on OPEC quota announcements to determine their impact on the stock returns in the oil industry. We find that announcements to reduce the quota are followed by positive excess returns over pre-announcement levels, announcements of no action are met with negative excess returns and announcements to increase the quota have no significant impact on stock market returns....

The paper outlines a model founded on statistical mechanics, complexity, and games. It is applied to a number of issues; including coalitional behaviour in OPEC, transition economics with reference to Russia, and conditions for the emergence of a Natural Gas Vehicle Industry.

Nursing administration takes on a bureaucratic orientation in Brazil. In this article, the authors report a strategy of participative management as a useful resource for transforming bureaucratic organizations. Principles of participative management, in the context of a social model of management, are presented and applied to nursing.

Even as community policing has emerged as the dominant paradigm, research indicates that police agencies continue to be highly militaristic and bureaucratic in structure and culture. This article reports findings from an observational study of recruit training at a police academy that had introduced a new curriculum emphasizing community policing and problem solving. The article explores the so...

The restorative potential of green outdoor environments for children in preschool settings was investigated by measuring the attention of children playing in settings with different environmental features. Eleven preschools with outdoor environments typical for the Stockholm area were assessed using the outdoor play environment categories (OPEC) and the fraction of visible sky from play structu...