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The economic evolution of petroleum property rights in the United States

Libecap, Gary D.; Smith, James L. - In: The journal of legal studies 31 (2002) 2,2, pp. S589-608

Persistent link: https://www.econbiz.de/10001817290

Option valuation of claims on real assets : the case of offshore petroleum leases

Paddock, James L. - In: The quarterly journal of economics 103 (1988) 3, pp. 479-508

Persistent link: https://www.econbiz.de/10001057412

Option valuation of claims on real assets: the case of offshore petroleum leases

Paddock, James L.; Siegel, Daniel R.; Smith, James L. - In: Real options and investment under uncertainty : …, (pp. 773-801). 2004

Persistent link: https://www.econbiz.de/10002363728

Modeling the impact of taxes on petroleum exploration and development

Smith, James L. - 2012

We present a simple model of petroleum exploration and development that can be applied to study the performance of alternative tax systems and identify potential distortions. Although the model is a highly simplified, it incorporates many factors and some of the key tradeoffs that would...