Chapter IWe use a large-scale internet experiment to explore how subjects learn to play against computers that are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation,...

Background: Trials in Africa indicate that medical adult male circumcision (MAMC) reduces the risk of HIV by 60%. MAMC may avert 2 to 8 million HIV infections over 20 years in sub-Saharan Africa and cost less than treating those who would have been infected. This paper estimates the financial...

This article explores the history of oil exploration in colonial Nigerian between c.1903 and 1958 when the first shipment of Nigerian crude oil arrived in Rotterdam. It debunks the two most persistent myths in Nigerian oil historiography namely that oil exploration dates back to 1908 when the...

"Government resource decisions in the Arctic typically involve complex issues; multiple criteria are used to choose among alternatives. This complexity is even greater with petroleum development because of concerns about national energy security, environmental impacts, and economic development....

This paper develops a framework that analyzes how mergers and acquisitions in Alberta’s oil and gas industry affect stock prices. In this experiment, a multivariate regression is applied to several industry-specific variables to determine if they have impacts on the abnormal stock returns of...

In Mexico the possibility of producing biofuels has generated a wide range of political, economical and technical comments and opinions. This is due mainly to the fact that the oil industry has contributed heavily to the direct financing of the Mexican government for the last 70 years, in 2007...

This is a study about the growth of oil industry and its economic and political repercussions in Brazil. It combines an industrial analysis with an empirical assessment of the impact of oil royalties on municipal fiscal transparency in Brazil.This paper begins with an overview of the future of...

A study of the oil industry in its modern development from the 1850s to 1973. During this period the industry underwent significant changes in terms of its productive expansion, the diversity of its products, its role in general production, its corporate organisation and in terms of its...

Most international oil companies have historically used South Africa as their regional headquarters from which to drive their strategies within the South African Developing Community (SADC) region. The SADC based companies or subsidiaries view South Africa as a head office of the international...