Two Wrongs Can Sometimes Make a Right: The Environmental Benefits of Market Power in Oil
收藏NBER2024-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w33115
下载链接
链接失效反馈官方服务：
资源简介：
Market power reduces equilibrium quantities and distorts production, typically causing welfare losses. However, as Buchanan (1969) noted, market power may mitigate overproduction from negative externalities. This paper examines this in the global oil market, where OPECs market power affects oil
提供机构：
美国国家经济研究局
创建时间：
2024-11-01
