to describe and analyze your countries strategy p

to describe and analyze your countries strategy pursued during the entire OPEC game

The primary theme of the paper is to describe and analyze your countries strategy pursued during the entire OPEC game in which you are required to emphasize its aspects in detail. The cost of the paper starts from $60 and it has been purchased and rated 4.9 points on the scale of 5 points by the students. To gain deeper insights into the paper and achieve fresh information, kindly contact our support.

OPEC Strategy Memo Assignment

The purpose of this memo is to describe and analyze your countries strategy pursued during the entire OPEC game. The memo should be prepared jointly by your group and only one copy should be turned in by each group. Please make sure your name is included on the memo. If your name is not included, you will receive zero points for this assignment.

Assignment: Explain how your country approached deciding your submitted quantities for the different periods in Year 1, Year2 and Year3.

For each year, this memo should include, but notbe limited to:

1. Did you calculate your countries optimal strategy? If so, how?
2. Did you consider the other countries actions in your optimization? If so, how?
3. Did you adjust your strategy after receiving information on resulting prices and quantities for each period? If so, how?
4. How did you formulate your bargaining position in the cartel negotiations?
5. Did you ever adhere to the cartel agreement? If so, explain why.
6. Did you ever cheat on the cartel agreement? If so, explain why.
7. Which of your actions seemed successful?
8. Which of your actions seemed misguided?
9. What would you do differently now?

Be thorough, but be concise!