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Petroleum Exploration and Production Rights : Allocation Strategies and Design Issues.
Governments often pursue a variety of economic, social and political objectives through their allocation policies that go beyond the maximization of the net present value of the economic rent. The optimal allocation policy depends on a range of country specific and exogenous factors. Despite the var...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington :
World Bank,
2009.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Governments often pursue a variety of economic, social and political objectives through their allocation policies that go beyond the maximization of the net present value of the economic rent. The optimal allocation policy depends on a range of country specific and exogenous factors. Despite the variety of factors influencing optimal design, most countries use similar solutions. In particular, when auctions or administrative procedures are used, most governments opt for simple simultaneous multi-object sealed-bid rounds. While this may appear to be paradoxical, there is a practical explanation. |
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| Descripción Física: | 1 online resource (125 pages) |
| ISBN: | 9780821381687 0821381687 6612422211 9786612422218 1282422219 9781282422216 |