IDEAS home Printed from
   My bibliography  Save this paper

Oil Lease Auctions: Reconciling Economic Theory with Practice


  • Marc S. Robinson



No abstract is available for this item.

Suggested Citation

  • Marc S. Robinson, 1984. "Oil Lease Auctions: Reconciling Economic Theory with Practice," UCLA Economics Working Papers 292, UCLA Department of Economics.
  • Handle: RePEc:cla:uclawp:292

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Roger B. Myerson, 1978. "Optimal Auction Design," Discussion Papers 362, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    2. Douglas K. Reece, 1978. "Competitive Bidding for Offshore Petroleum Leases," Bell Journal of Economics, The RAND Corporation, vol. 9(2), pages 369-384, Autumn.
    3. Marc S. Robinson, 1984. "Collusion and the Choice of Auction," UCLA Economics Working Papers 340, UCLA Department of Economics.
    4. George Stigler, 2010. "Theory of Oligopoly," CPI Journal, Competition Policy International, vol. 6.
    5. Maskin, Eric S & Riley, John G, 1984. "Optimal Auctions with Risk Averse Buyers," Econometrica, Econometric Society, vol. 52(6), pages 1473-1518, November.
    6. Robert Wilson, 1977. "A Bidding Model of Perfect Competition," Review of Economic Studies, Oxford University Press, vol. 44(3), pages 511-518.
    7. David C. Nellor & Marc S. Robinson, 1984. "Binding Future Governments: Tax Contracts and Resource Development," UCLA Economics Working Papers 297, UCLA Department of Economics.
    8. Hayne E. Leland, 1978. "Optimal Risk Sharing and the Leasing of Natural Resources, with Application to Oil and Gas Leasing on the OCS," The Quarterly Journal of Economics, Oxford University Press, vol. 92(3), pages 413-437.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Marc S. Robinson, 1984. "Collusion and the Choice of Auction," UCLA Economics Working Papers 340, UCLA Department of Economics.
    2. John G. Riley, 1986. "Ex Post Information in Auctions," UCLA Economics Working Papers 367, UCLA Department of Economics.
    3. Marc S. Robinson, 1985. "The Welfare Cost of Resource Taxation," UCLA Economics Working Papers 376, UCLA Department of Economics.
    4. Daniel A Artana, 1989. "Las Regulaciones a los Hidrocarburos en Argentina: El Costo de los Controles de Precios," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 26(78), pages 263-280.
    5. Di Corato, Luca & Moretto, Michele, 2016. "Selling real assets: the impact of idiosyncratic project risk in an auction environment," Working Paper Series 2016:9, Swedish University of Agricultural Sciences, Department Economics.
    6. Kenneth Hendricks & Robert H. Porter, 1989. "Collusion in Auctions," Annals of Economics and Statistics, GENES, issue 15-16, pages 217-230.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cla:uclawp:292. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (David K. Levine). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.