1. Canto et al. (1982) present a simple graphical analysis of how US policies of price controls and environmental regulations on the domestic supply of oil and other fuels enhanced OPEC’s monopoly power and how the deregulation weakened it. Canto (1982) and Canto and Kadlec (1986) also show that adjustment is costly. That in addition to the initial disturbance the markets may take a long while to completely adjust to a new long run equilibrium. Understanding this can lead to developing portfolio strategies aimed at capturing some of the non-instantaneous adjustments in the economy and the markets.
2. Oil decontrol: the power of incentives could reduce OPEC’s power to boost oil prices;Canto;Oil Gas J,1982
3. The shape of energy markets to come;Canto;Public Utilities Fortn,1986
4. Canto et al. (1982) present a simple graphical analysis of how US policies of price controls and environmental regulations on the domestic supply of oil and other fuels enhanced OPEC’s monopoly power and how the deregulation weakened it. Canto (1982) and Canto and Kadlec (1986) also show that adjustment is costly. That in addition to the initial disturbance the markets may take a long while to completely adjust to a new long run equilibrium. Understanding this can lead to developing portfolio strategies aimed at capturing some of the non-instantaneous adjustments in the economy and the markets.
5. Oil decontrol: the power of incentives could reduce OPEC’s power to boost oil prices;Canto;Oil Gas J,1982