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Oil Lease Auctions: Reconciling Economic Theory with Practice

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  • Marc S. Robinson

    (UCLA)

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  • Marc S. Robinson, 1982. "Oil Lease Auctions: Reconciling Economic Theory with Practice," UCLA Economics Working Papers 271, UCLA Department of Economics.
    • Handle: RePEc:cla:uclawp:271
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    File URL: http://www.econ.ucla.edu/workingpapers/wp271.pdf
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    References listed on IDEAS

    as
    1. Douglas K. Reece, 1978. "Competitive Bidding for Offshore Petroleum Leases," Bell Journal of Economics, The RAND Corporation, vol. 9(2), pages 369-384, Autumn.
    2. Engelbrecht-Wiggans, Richard & Milgrom, Paul R. & Weber, Robert J., 1983. "Competitive bidding and proprietary information," Journal of Mathematical Economics, Elsevier, vol. 11(2), pages 161-169, April.
    3. Robert Wilson, 1977. "A Bidding Model of Perfect Competition," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(3), pages 511-518.
    4. William Vickrey, 1961. "Counterspeculation, Auctions, And Competitive Sealed Tenders," Journal of Finance, American Finance Association, vol. 16(1), pages 8-37, March.
    5. Garnaut, Ross & Clunies Ross, Anthony, 1975. "Uncertainty, Risk Aversion and the Taxing of Natural Resource Projects," Economic Journal, Royal Economic Society, vol. 85(338), pages 272-287, June.
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    Cited by:

    1. Foders, Federico, 1985. "Firm behaviour under alternative bidding systems for US OCS hydrocarbon leases," Kiel Working Papers 223, Kiel Institute for the World Economy (IfW Kiel).

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