Browsing Working Papers by Author "Hampson, Philip Robert Osler"
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One for you, three for me, or, optimal production sharing rules for a petroleum exploration venture
Hampson, Philip Robert Osler; Parsons, John E.; Blitzer, Charles R. (MIT Center for Energy and Environmental Policy Research, 1990)This is a case study in the design of the production sharing rule used in an oil exploration partnership contract. The contract was negotiated in mid-1986 when a state-owned oil resources authority hired a ...