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We present a general equilibrium model of the global oil market, in which the oil price, oil production, and consumption, are jointly determined as outcomes of the optimizing decisions of oil importers and oil exporters. On the supply side the oil market is modelled as a dominant firm - Saudi...
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With the global economy heading towards a severe oil crunch probably by 2015 or thereabouts, an analysis of Saudi oil fundamentals is causing the world disquiet and worry bordering on panic. Oil-importing nations have long treated Saudi Arabia as an infinitely deep well of crude oil supplies....
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The future of Germanys electricity regulation is still an open question. This paper deals with alternative …
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Regulierung, ob also das Alleinabnehmermodell, das Modell spezifischer Durchleitungsrechte, das Poolmodell oder aber das Common …-Carrier-Modell Richtschnur der Regulierung sein sollte. Zum anderen wird nach der institutionellen Ausgestaltung der Regulierung gefragt. Im … institutional design of the regulation. Within this context, the recent legal developments on the European and the German level are …
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will be highlighted. The relevant principles of legal and economic regulation applicable to the Nigerian gas …
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