Blar i BI Research Centre's Series på forfatter "Hvinden, Even Comfort"
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OPEC's crude game: The supply curve in a dynamic, strategic environment
Hvinden, Even Comfort (CAMP Working Paper Series;10/2019, Working paper, 2019-11)The market behavior nationalized oil companies in the Organization of Petroleum Exporting Countries (OPEC) is starkly time-varying. I rationalize OPEC's behavior in an infinitely repeated game of Cournot competition with ...