| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w4605 |
| 来源ID | Working Paper 4605 |
| Determinants of the Timing and Incidence of Exploratory Drilling on Offshort Wildcat Tracts | |
| Kenneth Hendricks; Robert H. Porter | |
| 发表日期 | 1993-12-01 |
| 出版年 | 1993 |
| 语种 | 英语 |
| 摘要 | This paper documents exploratory drilling activity on offshore wildcat oil and gas leases in the Gulf of Mexico that were sold between 1954 and 1990, with emphasis on the period before 1980. For each year of the lease, we study the determinants of the decision whether or not to begin exploratory drilling, and the outcome of any drilling activity. Our results indicate that equilibrium predictions of plausible noncooperative models are reasonably accurate, and more descriptive than those of cooperative models of drilling timing. We discuss why noncooperative behavior may occur, and the potential gains from coordination. |
| 主题 | Microeconomics ; Economics of Information ; Industrial Organization ; Industry Studies |
| URL | https://www.nber.org/papers/w4605 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561987 |
| 推荐引用方式 GB/T 7714 | Kenneth Hendricks,Robert H. Porter. Determinants of the Timing and Incidence of Exploratory Drilling on Offshort Wildcat Tracts. 1993. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w4605.pdf（451KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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