Download or read book Cartel Deception in Nonrenewable Resource Markets written by Tracy R. Lewis and published by . This book was released on 1978 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cartel Deception in Nonrenewable Resource Markets written by Tracy R Lewis and published by Palala Press. This book was released on 2015-09-09 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book Cartel Deception in Nonrenewable Resource Markets Classic Reprint written by Tracy R. Lewis and published by Forgotten Books. This book was released on 2018-03-24 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Cartel Deception in Nonrenewable Resource Markets But it seems unlikely that such perfect monitoring is possible in the markets for oil and other nonrenewable resources. It appears difficult enough for any one nation accurately to estimate its own reserves, let alone to police the accuracy of others' published estimates. Similarly, it is not obvious that any producer can accurately monitor the sales of all others. It might thus be both possible and profitable for individual producers to lie about their reserves or outputs for some finite period of time. If the market proceeds along the Salant equilibrium price path corresponding to the false data, reserves in the hands of all producers at the end of the deception will generally be different than they would have been had all told the truth. Even if all parties insist on careful monitoring after the lie has been revealed, the shift in reserve positions may make the lie profitable. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Download or read book An Analysis of Cartelized Market Structures for Nonrenewable Resources written by Robert A. Marshalla and published by Routledge. This book was released on 2017-10-17 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1979. While the theory of non-renewable resources under competitive and monopolistic market regimes have been relatively well developed, almost no attention has been given to the development of a theoretical framework for analysis of the spectrum of mixed market structure between those extremes. The world oil market structure is an example of such an intermediate market structure. The purpose of this title is to develop such a theoretical framework. The study examines non-renewable resource markets in which a profit maximizing producer cartel co-exists with a non-cartel supply sector, which is alternately modelled as consisting of a collection of competitive firms or as exhibiting other exogenously assumed supply behaviours. This title will be of interest to students of environmental economics.
Download or read book Oligopoly the Environment and Natural Resources written by Luca Lambertini and published by Routledge. This book was released on 2013-08-21 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial production and consumption patterns rely heavily on the intensive use of both renewable and non-renewable resources and the consequences for the environment can be serious. Following a long period of time where the profit incentives of firms have prevailed over preservation of the environment and the world’s natural resources, a new consensus has emerged concerning the need to regulate firm behaviour, aimed at ensuring the sustainability of the economic system in the long run. This book offers an exhaustive overview of current economic debate about these topics, taking modern oligopoly theory as a benchmark. The first part of the book covers static models dealing with incentives for green research and development, Pigovian taxation, cartels, environmental quality and international trade, as well as the role of corporate social responsibility, public firms and consumer environmental awareness as endogenous regulatory instruments. Then, the author moves on to examine the role of time while drawing from optimal control and differential game theory. This opens the way to the discussion of fair discount rates to ensure the welfare of future generations, as well as the long run sustainability of production and consumption patterns.
Download or read book Models of the Oil Market written by J. Crémer and published by Taylor & Francis. This book was released on 2013-07-04 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists have proposed a large variety of models of the oil market and this survey integrates them in a coherent framework.
Download or read book Economic Theory of Natural Resources written by XY. Eichhorn and published by Springer Science & Business Media. This book was released on 2013-12-14 with total page 622 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regulating Power The Economics of Electrictiy in the Information Age written by Carl Pechman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modem industrial society functions with the expectation that electricity will be available when required. By law, electric utilities have the obligation to provide electricity to customers in a "safe and adequate" manner. In exchange for this obligation, utilities are granted a monopoly right to provide electricity to customers within well-defmed service territories. However, utilities are not unfettered in their monopoly power; public utility commissions regulate the relationship between a utility and its customers and limit profits to a "fair rate of return on invested capital. " From its inception through the late 1970s, the electric utility industry's opera tional paradigm was to continue marketing electricity to customers and to build power plants to meet customer needs. This growth was facilitated by a U. S. energy policy predicated upon the assumption that sustained electric growth was causally linked to social welfare (Lovins, 1977). The electric utility industry is now in transition from a vertically integrated monopoly to a more competitive market. Of the three primary components (generation, transmission, and distribution) of the traditional vertically integrated monopoly, generation is leading this transformation. The desired outcome is a more efficient market for the provision of electric service, ultimately resulting in lower costs to customers. This book focuses on impediments to this transformation. In partiCUlar, it argues that information control is a form of market power that inhibits the evolution of the market. The analysis is presented within the context of the transformation of the U. S.
Download or read book Bell Journal of Economics written by and published by . This book was released on 1982 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers research in the behavior of regulated industries, the economic analysis of organizations, and more generally, applied microeconomics.
Download or read book Imperfect Competition in the World Oil Market written by Stephen W. Salant and published by Free Press. This book was released on 1982 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Revue Canadienne D conomique written by and published by . This book was released on 1985 with total page 986 pages. Available in PDF, EPUB and Kindle. Book excerpt: A general interest journal in economics.
Download or read book Strategy Technology and Public Policy written by David J. Teece and published by Edward Elgar Publishing. This book was released on 1998 with total page 874 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second of two volumes presenting an orderly selection of Teece's (banking, U. of California-Berkeley) papers, the 31 here originally published from 1977 to 1997. They address fundamental issues in strategic management, technology and its transfer, antitrust activities, regulation and deregulation, and technology policy. Specific topics include contributions and impediments of economic analysis to the study of strategic management, the resource cost of transferring technological know-how, implications of innovations and cooperation for competition and antitrust, and implications for US managers and policymakers of Japan growing capabilities in industrial technology. Teece provides an introduction with a biographical sketch. Both volumes have a full list of his publications. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Market Power in a Storable good Market written by Matti Liski and published by . This book was released on 2005 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: We consider a market for storable pollution permits in which a large agent and a fringe of small agents gradually consume a stock of permits until they reach a long-run emissions limit. The subgame-perfect equilibrium exhibits no market power unless the large agent's share of the initial stock of permits exceeds a critical level. We then apply our theoretical results to a global market for carbon dioxide emissions and the existing US market for sulfur dioxide emissions. We characterize competitive permit allocation profiles for the carbon market and find no evidence of market power in the sulfur market.
Download or read book Primary Commodity Markets and Models written by Walter C. Labys and published by Gower Publishing Company, Limited. This book was released on 1987 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Working Paper Series written by and published by . This book was released on 1995-07 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Analysis of the International Diamond Market written by Donna J. Bergenstock and published by . This book was released on 2004 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores one particular threat faced by the diamond industry and De Beers during the early 1990s: the release or leakage of rough (uncut and unpolished) diamonds on the open market by the Russian Federation in violation of their sales agreement with De Beers. Of particular interest is the discussion of how a devastating currency crisis and government budget deficit drove the Russians to leak diamonds, along with the disclosure of the secretive, duplicitous manner in which rough stones were leaked. A secondary issue addressed concerns the promotional efforts undertaken by De Beers and their marketing and distribution subsidiary, the Central Selling Organization (CSO), recently renamed the Diamond Trading Company (DTC), to increase worldwide demand by influencing consumer perceptions and buying behavior.
Download or read book Progress in Natural Resource Economics written by John F. Helliwell and published by Oxford : Clarendon Press. This book was released on 1985 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a broad survey of the progress made in the economics of natural resources, both theoretical and applied, and covers renewable, non-renewable, common property, and macro problems.
