The Evolution of the Bargaining Relationship between the UK Government and Oil Compagnies in Exploiting UK North Sea Oil under Incomplete Contracts
Hold-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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|Date of creation:||1996|
|Date of revision:|
|Contact details of provider:|| Postal: U.K.; University of Portsmouth; Department of Economics, Locksway Road, Milton, Southsea Hants PO4 8JF, UK|
Phone: 44 (0)1705 844082
Fax: +44 (0)1705 844037
Web page: http://www.pbs.port.ac.uk/econ/index.html
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