Double Moral Hazard in Buy-Back Oil Contracts
This research is modeling third generation of buy back oil contracts by considering a double moral hazard and employing Cubb-Douglas production function. The result shows that buy-back oil contracts are not in the first best or second best in double moral situation. Ove to this type of contracts is...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | fas |
| Published: |
Allameh Tabataba'i University Press
2017-04-01
|
| Series: | Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān |
| Subjects: | |
| Online Access: | http://jiee.atu.ac.ir/article_7997_5e3cced387c1b4283853b8a774f6cd15.pdf |