Short-Term Contracting and Strategic Oil Reserves

DOI10.2307/2297520zbMATH Open0609.90017OpenAlexW2026550344MaRDI QIDQ3750448FDOQ3750448

Authors: Norman Clifford, Vincent P. Crawford 

Publication date: 1987

Published in: Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2297520

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zbMATH Keywords

resource extractionshort-term contractingintertemporal consumption-smoothingtwo-country model of international trade in oil

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Economic growth models (91B62)

Cited In (3)

• Perfect equilibrium timing of a backstop technology. Limit pricing induced by trigger zones
• The distortionary effect of petroleum production sharing contract: a theoretical assessment
• Developing a market-based approach to managing the US strategic petroleum reserve

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