Publikace na Fakulta sociálních věd, Matematicko-fyzikální fakulta, Centrum pro ekonomický výzkum a doktorské studium |
2007
Abstrakt
The OPEC cartel was formed to promote two economic goals, one microeconomic--low oil market volatility--the other macroeconomic--promotes economic development of its members. These goals create a tension since the cartel's single tool is output quotas.
Using this dual micro/macro perspective we analyze oil exporting countries' behavior.