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The Self-Enforcing Provisions of Oil and Gas Unit Operating Agreements: Theory and Evidence

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NBER1999-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7142
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资源简介:
This paper extends the existing theory and empirical investigation of unitization contracts. It highlights the importance of incentive-compatibility and self-enforcement and the bargaining problems faced in achieving viable, long-term contracts. We argue that only if the parties to a unitization
提供机构:
美国国家经济研究局
创建时间:
1999-05-01
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