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Routledge Cartelized Market Structures for Nonrenewable Resources

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Description

Originally published in 1979, this Routledge academic title develops a theoretical framework for analysing mixed market structures in non-renewable resource industries. Whilst competitive and monopolistic market regimes have been extensively studied, this work fills a critical gap by examining the spectrum between these extremes, using the world oil market as a practical example. The study investigates non-renewable resource markets where profit-maximising producer cartels coexist with non-cartel participants, providing essential insights into intermediate market dynamics that shape global commodity trading and resource economics.

Key Features

Analyses cartelized market structures in non-renewable resource industries with a focus on practical applications like the oil market.

Develops theoretical framework for understanding mixed market regimes between purely competitive and monopolistic extremes.

Examines the dynamics of profit-maximising producer cartels coexisting alongside non-cartel participants in resource markets.

Published by Routledge as part of the Library Editions series on Environmental and Natural Resource Economics.

Provides foundational economic theory for understanding intermediate market structures in global commodity industries.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
20 October 2017
Listed Since
04 April 2017

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