Watson Institute for International and Public Affairs

How OPEC Lost Its Bite

December 3, 2015 Foreign Affairs

Jeff Colgan in Foreign Affairs, "An analysis of OPEC’s behavior since 1982, which is when it first placed formal production quotas on member countries, reveals that OPEC’s allocation rules did not result in any meaningful constraints on its members’ rate of oil production."

"How OPEC Lost Its Bite" by Jeff Colgan - Foreign Affairs