Beyond Market Assumptions
Intro -- Foreword: Seeking Less Uncertainty -- References -- Introduction -- Highlighting Challenges -- Objectives and Structure of the Book -- References -- Contents -- Editor and Contributors -- 1 Institutional Theory and Oil Prices: Ceci est ne pas un Marché? -- Introduction -- Modes of Institutionalism -- Sociological Institutionalism -- Rational Choice Institutionalism -- Historical Institutionalism -- To Sum up -- Informal Institutions and Formal Institutions -- Can Something that Moves Minute by Minute Be an Institution? -- Oil Prices as the Independent Variable -- Institutionalization and Deinstitutionalization -- Conclusions -- References -- 2 The Oil Price and Resource-Society Interaction -- Introduction -- Focus on Morphological Resource Structures: The Scarcity-Based Approach -- Evolutionary Perspective on Resources -- From Resource Regimes to Environmental Economics -- Sociological Concepts Integrated into Natural Resource Political Economy -- Classification of Resource-Society Approaches -- References -- 3 Oil, Between Monopolies and Free Market -- Introduction -- Nineteenth-Century Product, but Still Leading Today to the Same Conclusions -- Life Changing Oil -- Why Is Oil Essential? -- Achnacarry and the Price Control -- The Oil Trauma -- The Oil Counter-Shock -- OECD Policies and Measures for Keeping Oil Prices Under Control -- IEA Strategic Oil Stocks -- The Volatility Period -- The New Oil Paradigm and its Consequences -- Unknown Resources and Limitless Reserves -- Shale Oil: The Emblem of Technology Development -- Oil Remains Irreplaceable -- What's Next for IOCs? -- What's Next for Crude Prices? -- References -- 5 Petroleum Conspiracies: How Russian Policymakers Seek Meaning in Oil Price Volatility -- Introduction -- Living in Denial: The Russian Petrostate and Popular Self-image.
