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Talmudic division as a cartel rule

Article Abstract:

The article shows that the Talmudic division rule causes truth and a homogeneous good, with consistent marginal costs, costs being private information. Thus the rule is individually rational in a oligopoly with more than two companies.

Author: Orbay, Benan Zeki, Orbay, Hakan
Publisher: Elsevier B.V.
Publication Name: Journal of Economics and Business
Subject: Economics
ISSN: 0148-6195
Year: 2003
Models, Cartels

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Yesterday's Oil Cartel?

Article Abstract:

The December 1983 OPEC meetings will have to deal with the oil surplus. Mild winters, falling demand, and conservation measures are contributing to the excess. A graph shows the oil spot price.

Publisher: Economist Newspaper Ltd.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1983
Conferences, meetings and seminars, Prices and rates, Organization of the Petroleum Exporting Countries, Petroleum

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