Optimal Resource Extraction Contracts Under Threat of Expropriation
收藏NBER2008-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13742
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资源简介:
The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a social cost that increases with the expropriated value. In
提供机构:
美国国家经济研究局
创建时间:
2008-01-01



