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OPEC behaviour and the price of petroleum

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I thank Ernst Mohr and Horst Siebert for discussing earlier versions of the paper with me, and Susanne Krebs and Frank Schulz for carefully drawing the diagrams. Suggestions by three anonymous referees helped improve the paper. The usual disclaimer applies. Financial support by Deutsche Forschungsgemeinschaft (SFB 178) is gratefully acknowledged.

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Rauscher, M. OPEC behaviour and the price of petroleum. Zeitschr. f. Nationalökonomie 48, 59–78 (1988). https://doi.org/10.1007/BF01226989

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