In the current global crisis, the Brazilian 'pre-salt oil-fields' agenda, under the control of the state, could be considered a solution which supports the development pattern. Our purpose is to highlight the investment trends in the natural resources sector and the challenges to sustainability...

This chapter deals with uncertainty and incomplete information in markets. It first considers situations in which the contract proposer is the ignorant party with the problem of designing a mechanism that induces the counter party, who is exogenously endowed with his information, to reveal that...