Concepedia

The Role of Information in U.S. Offshore Oil and Gas Lease Auction

Robert H. Porter

Econometrica · 1995 · 144 citations · 0 references

Concepts

BusinessBusiness EconomicsAgency TheoryAuction TheoryContract TheoryAsymmetric InformationGas LeasesInformation AsymmetryInformation EconomicsInformation RevelationOil LeasesBidder Information ExchangeInformation Sharing Among BiddersInformation-based BiddingOffshore LeasingOffshore Oil Leases