Because of a long time frame, irreversible and specific investments, incomplete contracts andpolitical constraints, it is generally difficult for governments to commit themselves in a credibleway to a fixed petroleum tax regime. Many controversial renegotiations and tightenings of suchsystems...

Theories of irreversible investment suggest a negative relation between investment and uncertainty,and non-linear adjustment costs open for asymmetries in the adjustment of fixed capital. We proposean econometric modelling approach to estimate and test the key predictions of modern...

Topical issues in petroleum tax design are in this chapter discussed by means of a tax model for anet income tax system (Norway) and a representative PSA regime. We analyse the entire lifecycle of a typical petroleum project, i.e., the exploration decision is included. Many petroleumtax systems...

Shortages of rigs and personnel have encouraged creativity in designing incentive contracts in thedrilling sector. In particular for oil service contracts, since those companies have the most directcontrol of drilling efficiency. A large variety of contract types are in use, including within...

The oil companies are concerned to replace the petroleum reserves they producein order to maintain their future level of activity. Booked reserves alsorepresent an important input when analysts value these companies. Many producercountries want to control their own resources, a goal which can...

Zukunftsforschung ist die wissenschaftliche Befassung mit möglichen, wünschbarenund wahrscheinlichen Zukunftsentwicklungen und Gestaltungsoptionen sowie derenVoraussetzungen in Vergangenheit und Gegenwart. Die neuere Zukunftsforschung gehtdavon aus, dass die Zukunft prinzipiell nicht...

[...]In part, this collection of papers derives from the impact of Subaltern Studies on approaches to the history of labour. While the contributions may not be located within ‘subalternism’, to differing degrees they reflect responses in the literature to that paradigm. At the very least,...

Die aktuelle Untersuchung der Reihe „Die größtenFamilienunternehmen in Deutschland“ zeigt: Die rund4.400 größten Familienunternehmen mit einem Jahresumsatzvon über 50 Mio. Euro sind für die deutscheVolkswirtschaft und den deutschen Arbeitsmarkt vonsehr großer Wichtigkeit. Die...

Die Bedeutung von Familienunternehmen für Beschäftigungund Wachstum wurde in den letzten Jahren immerwieder in der öffentlichen Diskussion betont. Nach denneuesten Schätzungen des Instituts für MittelstandsforschungBonn sind rund 95,3 % aller deutschen UnternehmenFamilienunternehmen.1 Diese...