VOL. XXXII

NO. 7

21-NOVEMBER-1988

GENERAL

New Study Focuses on Implicit Criteria for Quota Allocation

Although OPEC's attempts to find a "scientific" formula forallocating production quotas have foundered on disagreements over what factors(such as population, capacity, reserves and historical production) should begiven greater weight, a new study by John Gault, Bahman Karboussian, CharlesSpierer and Jean-Luc Bertholet* suggests that there is an implicit logic behindOPEC's actual quota allocations...