Assessing OPEC's Pricing Policies
批评了用简单教科书模型分析欧佩克行为的做法，比较了不同分析范式，提出基于内部预算和满意行为的视角，并预测若消费国征收石油关税将导致竞争性价格回归。
The failure of analysts to understand OPEC behavior is traced in part to the use of naive textbook models of cartels. This paper compares and contrasts several paradigms of OPEC, which have been adopted explicitly or implicitly by the community of professional and academic analysts. A behavioral view of OPEC that highlights internal budgetary considerations and satisficing-type behavior by several OPEC producers is advanced. The implications for future prices and government policy are assessed. The return of competitive prices is predicted if consuming nations would stimulate further conservation and domestic production through an oil tariff.