IS OPEC'S ALLOCATION OF CRUDE OIL PRODUCTION EFFICIENT? (Bachelor Thesis in Economics)
2009 (English)Independent thesis Basic level (degree of Bachelor), 15 credits / 22,5 HE credits
Student thesisAlternative title
IS OPEC‟S ALLOCATION OF CRUDE OIL PRODUCTION EFFICIENT? (Bachelor Thesis in Economics) (English)
Abstract [en]
The foundation of OPEC (Organization of Oil Exporting Countries) was laid in the early 1960‟s by the five major oil exporters, Iran, Iraq, Kuwait, Saudi Arabia and Venezuela, in Baghdad, Iraq. OPEC is supposed to allocate its production level among its member countries based on cartel- dominant firm model, for profit maximization.
Place, publisher, year, edition, pages
2009. , p. 47
Keywords [en]
OPEC, Industrial Economics, Allocation of Crude Oil Priduction by OPEC, Oil
National Category
Business Administration
Identifiers
URN: urn:nbn:se:mdh:diva-6586OAI: oai:DiVA.org:mdh-6586DiVA, id: diva2:227607
Presentation
2009-06-03, MDH, Västerås, MDH, 09:00 (English)
Uppsok
Examiners
2009-10-292009-07-152009-10-29Bibliographically approved