Browsing MIT Energy Laboratory by Author "Adelman, Morris Albert"
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An aggregate model of petroleum production capacity and supply forecasting
Adelman, Morris Albert; Paddock, James Lester (MIT Energy Laboratory, 1979)This paper presents a complete discussion and documentation of the M.I.T. World Oil Project Aggregate Supply Model. First, the theoretical development and methodology are presented. The relationships between geologic ... -
The clumsy cartel
Adelman, Morris Albert (MIT Energy Laboratory, 1979-06) -
The competitive floor to world oil prices
Adelman, Morris Albert (MIT Energy Lab, 1986)In this OPEC crisis or the next, oil prices may fall to the competitive floor. At the high-cost end of the spectrum, it would take a price as low as $4 to produce an immediate shutdown of nearly half of capacity in ... -
Energy-income coefficients : their use and abuse
Adelman, Morris Albert (MIT Energy Laboratory, 1979-05) -
Finding and developing costs in the USA 1945-1985
Adelman, Morris Albert (MIT Energy Lab, 1988)Development cost is defined as the ratio of development expenditures in a given year to reserves added in that year. Changes in development cost are a good proxy for changes in finding cost and in user cost, because ... -
Mineral depletion, with special reference to petroleum
Adelman, Morris Albert (MIT Energy Lab, 1988)Two implications of received theory are (1) mineral net prices rise at the riskless interest rate, and (2) in-ground value is equal to the current net price. Both propositions are false. A correct theory has been joined ... -
Oil producing countries' discount rates
Adelman, Morris Albert (MIT Energy Lab, 1986)The small LDCs which own the great bulk of oil resour- ces are rational agents and calculate with short horizons and high discount rates. They have pre-commitments to spend much (or even more than all) of their ... -
The political economy of the Middle East : changes and prospects since 1973
Adelman, Morris Albert (MIT Energy Laboratory, 1979-06) -
Producers, consumers, and multinationals : problems in analyzing a non-competitive market
Adelman, Morris Albert (MIT Energy Laboratory, 1977)A paper written two years ago gave a general analysis of the current world oil market, indicating why the price had nothing to do with real scarcity, but was set by a monopoly both vulnerable and very strong. The purpose ... -
World oil : availability and price the next ten years
Adelman, Morris Albert (MIT Energy Lab, 1986)