The Target Capacity-Utilization Model of OPEC and the Dynamics of the World Oil Market

Energy lnformation Agency (1984). Annul Review of Energy 1984.

Energy Modeling Forum (1982). World Oil: Summary Report. Stanford University, Stanford.CA.

Forrester . J.W. 11961 I. IndusfriolDynnrnles. Cambridge: MIT Press.

Gately D. Kyle J.F. Fischer D. (1977). “Strategies for OPEC’s Pricing Decisions,“ European Economic Review. 10: pp. 209-230.

Gately D. (1982). “OPEC and the Buying∼Power Wedge,”Chapter 3 in Plummor, Energy Vulnerobdify. Cambridge, MA.

Gately D. (1983). “OPEC: Retrospective and Prospects: 1973.1990,” EuropeanEeonomic Reulew. 21: pp.313-331.

Gately D. (1984). “A Ten-Year Retrospective: OPEC and the World Oil Market,”Journal of Economic Literature. XXII: pp. 1100-1114.

Gately D. (1986). “Lesuonnfrom the 1986OilPriceCollapst∼,B” rwkingsPaperson Economic Aeliuily. 2: pp. 237-284.

Griffin J.M. Teece D.J. (1982). OPEC Behavior World Oil Prices. London: George Allen &Unwin.

Hogan W.W. Leiby P. N. (1985). “Oil Market Risk Analysia,”Diseussion Paper Series, Kennedy %had ofGovernment, Harvard University, #11∼85-03.

Hotelling H. (1931) . “The Economics of Exhaustible Resources , ” Journal of Political Economy. 39: pp. 137-175.

Hubbard R.G. Weiner R.J. (1986). “Inventory Optimization in the U.S. Petroleum Industry: Empirical Analysisand Implicationsfor Energy Emergency Policy,” Management Selonce. 32171: pp.173-190.

Huntingun H.G. (1984). “RealOilPrieesfrom 1980 to 1982,”Energy Journal. 5131: pp. 119-131.

Manne A.S. (1981). “ETA-MACRO: A User’sGGrude,” EPRI EA.1124. EleetriePower Research Institute, Palo Alto, CA.

Manne A. S. Rutherford T. F. (1989). “A Long-Term Model ofoil Markets, Economic Growth and Balance of Payments Constraints.”

Marshalla R. Nesbitt D. (1986). “Future World Oil Prices and Production Levels: An Economic Analysis.” TheEnergy Journal. 711): pp. 1∼21.

Newbery D.M.G. (1981). “Oil Prices, Cartels. and the Problem of Dynamic Consisteney.” TheEeonumicJournnl. 91: pp. 611-646.

Pindyck R.S. (1918). “OPEC‘s Threat to the West,”Forergn Pulrer. [Spring] 30: pp. 36-52.

Pindyck K.S. (1982). “OPEC Oil Pricing, and the Implications for Consumers and Produeers,”inGriffin and Teeeecedl. pp. 175∼1135

Plummer J. (ed) (1982). Energy Vulnernbilrly. Cambridge. MA: Ballinger Publishing

Richmond B. Peterson S. Voseuso P. (1987). An Academic User’s Guide lo STELLA. High Performance Systems,Lyme, New Hampshire.

Salant S. (1981). lmperfect Competition and the World Oil Market.Lexington Books.

Simon H. A. (1978). “Rationality as Process and Product of Thought,” American Economic Reulew. 68: pp. 1∼16

Simon H. A. (1982). Models of Bounded Rationality. Cambridge: MIT Press.

Sterrnan J. D. (1987). “Expectation Formation in Behavioral Simulatron Models,” Behovioral Sciences. 32: pp. 190-211.

Sterman J.D. (1989). “Modeling Managerial Behavior: Misperception of Feedback in a Dynamic Decision Making Experiment,” Momgemenf Sctence. 35t31: pp.321-339.

Sweeney J.L. Buskin M.J. (1985). “Analyzing Impacts of Potentia Tax Policy Changes on U.S. Oil Security,” The EuergyJournal. 6 pp. 89∼108I.(Special Tax Issue).