The Evolution of the Bargaining Relationship between the UK Government and Oil Compagnies in Exploiting UK North Sea Oil under Incomplete Contracts
AbstractHold-up problem is identified as the main problem that must be confronted in providing for an efficient contractual relationship between the government and oil companies in exploiting North Sea Oil.
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Bibliographic InfoPaper provided by Portsmouth University - Department of Economics in its series Papers with number 67.
Length: 27 pages
Date of creation: 1996
Date of revision:
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Postal: U.K.; University of Portsmouth; Department of Economics, Locksway Road, Milton, Southsea Hants PO4 8JF, UK
Phone: 44 (0)1705 844082
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Web page: http://www.pbs.port.ac.uk/econ/index.html
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