نتایج جستجو برای: monopolistic behavior of opec
تعداد نتایج: 21198253 فیلتر نتایج به سال:
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BACKGROUND Global warming is attracting attention from policy makers due to its impacts such as floods, extreme weather, increases in temperature by 0.7°C, heat waves, storms, etc. These disasters result in loss of human life and billions of dollars in property. Global warming is believed to be caused by the emissions of greenhouse gases due to human activities including the emissions of carbon...
this study investigated (a) the learners’ existing reading strategy repertoire, (b) the effect of instruction in reading strategies on learners’ strategic performance, and (c) the effect of explicit instruction in top-down reading strategies on reading comprehension ability of intermediate learners. the study was conducted with 40 intermediate efl learners in two groups of experimental and cont...
attempts have been made to study the thermodynamic behavior of 1,3 butadiene purification columns with the aim of retrofitting those columns to more energy efficient separation schemes. 1,3 butadiene is purified in two columns in series through being separated from methyl acetylene and 1,2 butadiene in the first and second column respectively. comparisons have been made among different therm...
a r t i c l e i n f o JEL classification: D42 Q40 C61 Keywords: Quantity instead of price strategies OPEC Dynamic Stochastic and convex demand Uncertainty This paper analyzes the optimal strategy of a monopoly facing stochastic and dynamic demand and choosing a Cournot-type strategy, more precisely, adjusting its output. This investigation is motivated by the decisions of OPEC to adjust its out...
In November 2014, OPEC announced a new strategy geared towards improving its market share. Oil-market analysts interpreted this as an attempt to squeeze higher-cost producers including US shale oil out of the market. Over the next year, crude oil prices crashed, with large repercussions for the global economy. We present a simple equilibrium model that explains the fundamental market factors th...
This study revisits the OPEC cartel hypothesis using a case study. A test is conducted to see if Venezuela has its production Granger cause its OPEC quota or whether the OPEC quota for Venezuela Granger causes Venezuelan production. The results show both occur at different times. In the short run, OPEC’s oil production quota for Venezuela Granger causes Venezuelan production. However, shortly a...
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This paper presents a test to discriminate among behaviors of producers of exhaustible resources. In contrast with previous empirical studies (Griffin, 1985), which studied the static implications of such behaviors, our approach is based on the possibility of testing the dynamic implications of the behavior of the "competitive" producer versus the "collusive" producer. The behavior of a competi...
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