Evaluating Split Estates in Oil and Gas Leasing

References

1. 1. Adelman M. A.

   1992. “Finding and Developing Costs in the United States, 1945–1986.” In Energy, Growth, and the Environment: Advances in the Economics of Energy Resources Vol. 7, ed. Moroney John R. Greenwich, CT: JAI Press.
2. 1. Athey Susan,
   2. Levin Jonathan

   . 2001. “Information and Competition in U.S. Forest Service Timber Auctions.” Journal of Political Economy 109 (2): 375–417.

   OpenUrlCrossRefWeb of Science
3. 1. Baldwin Laura H.,
   2. Marshall Robert C.,
   3. Richard Jean-Francois

   . 1997. “Bidder Collusion at Forest Service Timber Sales.” Journal of Political Economy 105 (4): 657–99.

   OpenUrlCrossRefWeb of Science
4. 1. Boskin Michael J.,
   2. Robinson Marc S.,
   3. O’Reilly Terrance,
   4. Kumar Praveen

   . 1985. “New Estimates of the Value of Federal Mineral Rights and Land.” American Economic Review 75 (5): 923–36.

   OpenUrlWeb of Science
5. 1. Capen Edward C.,
   2. Clapp Robert V.,
   3. Campbell William M.

   1971. “Competitive Bidding in High-Risk Situations.” Journal of Petroleum Technology 23 (6): 641–53.

   OpenUrlCrossRefWeb of Science
6. 1. Chouinard Hayley,
   2. Steinhoffer Christina

   . 2008. “Split Estate Negotiations: The Case of Coal-Bed Methane.” Review of Law and Economics 4 (1): 233–58.

   OpenUrl
7. 1. Coase Ronald H.

   1960. “The Problem of Social Cost.” Journal of Law and Economics 3 (1): 1–44.

   OpenUrlCrossRefWeb of Science
8. 1. Gerking Shelby,
   2. Morgan William

   . 2007. “Effects of Environmental and Land Use Regulation in the Oil and Gas Industry Using the Wyoming Checkerboard as an Experimental Design: Retraction.” American Economic Review 97 (3): 1032.

   OpenUrl
9. 1. Government Accountability Office

   . 2008. Oil and Gas Leasing: Interior Could Do More to Encourage Diligent Development. GAO-09-74. Washington, DC: Government Accountability Office.
10. 1. Haile Philip A.

    2001. “Auctions with Resale Markets: An Application to U.S. Forest Service Timber Sales.” American Economic Review 91 (3): 399–427.

    OpenUrlCrossRefWeb of Science
11. 1. Hendricks Kenneth,
    2. Porter Robert H.

    1988. “An Empirical Study of an Auction with Asymmetric Information.” American Economic Review 78 (5): 865–83.

    OpenUrlWeb of Science
12. 1. Huffman James L.

    1982. “The Allocative Impacts of Mineral Severance: Implications for the Regulation of Surface Mining.” Natural Resources Journal 22 (1): 201–37.

    OpenUrl
13. 1. Kellogg Ryan

    . 2007. “Learning by Drilling: Inter-Firm Learning and Relationship Persistence in the Texas Oil Patch.” Working paper. Department of Agriculture and Resource Economics, University of California–Berkeley.
14. 1. Kunce Mitch,
    2. Gerking Shelby,
    3. Morgan William

    . 2002. “Effects of Environmental and Land Use Regulation in the Oil and Gas Industry Using the Wyoming Checkerboard as an Experimental Design.” American Economic Review 92 (5): 1588–93.

    OpenUrl
15. 1. Libecap Gary D.

    2009. “Chinatown Revisited: Owens Valley and Los Angeles—Bargaining Costs and Fairness Perceptions of the First Major Water Rights Exchange.” Journal of Law, Economics, and Organization 25 (2): 311–38.

    OpenUrlAbstract/FREE Full Text
16. 1. Libecap Gary D.,
    2. Smith James L.

    2002. “The Economic Evolution of Petroleum Property Rights in the United States.” Journal of Legal Studies 31 (2:2): S589–S608.

    OpenUrlCrossRef
17. 1. Libecap Gary D.,
    2. Wiggins Steven N.

    1985. “The Influence of Private Contractual Failure on Regulation: The Case of Oil Field Unitization.” Journal of Political Economy 93 (4): 690–714.

    OpenUrlCrossRefWeb of Science
18. 1. McDonald Stephen L.

    1979. The Leasing of Federal Lands for Fossil Fuels Production. Baltimore, MD: Johns Hopkins University Press for Resources for the Future.
19. 1. Moody C. E. Jr..,
    2. Kruvant W. J.

    1988. “Joint Bidding, Entry, and the Price of OCS Leases.” RAND Journal of Economics 19 (2): 276–84.

    OpenUrl
20. 1. Moody C. E. Jr..,
    2. Kruvant W. J.

    1990. “OCS Leasing Policy and Lease Prices.” Land Economics 66 (1): 30–39.

    OpenUrl
21. 1. Porter Robert H.

    1995. “The Role of Information in U.S. Offshore Oil and Gas Lease Auctions.” Econometrica 63 (1): 1–27.

    OpenUrlCrossRefPubMedWeb of Science
22. 1. Wiggins Steven N.,
    2. Libecap Gary D.

    1985. “Oil Field Unitization: Contractual Failure in the Presence of Imperfect Information.” American Economic Review 75 (3): 368–85.

    OpenUrlWeb of Science
23. 1. Williams Steven R.

    1990. “The Transition from Bargaining to a Competitive Market.” American Economic Review 80 (2): 227–31.

    OpenUrl