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The extractive industries are becoming more important for Tanzania's economy. Mining and gas production contribute to generating jobs and revenues. However, investments may also pose a threat to existing rights to land, not least because it is the state that owns the sub-soil resources....
Persistent link: https://www.econbiz.de/10011569121
regulation of minerals and oil/gas/petroleum resources. Through state-owned companies it is also re-emerging as a more direct … analyses the key features of contemporary mining and petroleum legislation and their implications for smallholders, investors …
Persistent link: https://www.econbiz.de/10011569122
Persistent link: https://www.econbiz.de/10011695835
The global energy transition from fossil to low-carbon energy challenges the future of the Norwegian petroleum sector … harvesting existing petroleum fields and cutting investments (Harvest-and-Exit), or 3) Rebuilding with green offshore energy … moderately in green offshore energy production can reverse the extra job decline that a quicker phase-out of petroleum …
Persistent link: https://www.econbiz.de/10012872986
Especially in the short-term, prices in natural gas markets are not exclusively determined by overall supply and demand, but also by the availability of the transport infrastructure. If transportation capacity is scarce, prices may form in (local) residual markets and can differ regionally. If...
Persistent link: https://www.econbiz.de/10010270391
Consider a market with switching costs that is initially served by a monopolistic incumbent. How can a competitor successfully enter this market? We show that an offer to undercut the incumbent by a fixed margin serves this purpose. This strategy dominates traditional entry where the entrant...
Persistent link: https://www.econbiz.de/10010300418
Tuning one's shower in some hotels may turn into a challenging coordination game with imperfect information. The temperature sensitivity increases with the number of agents, making the problem possibly unlearnable. Because there is in practice a finite number of possible tap positions, identical...
Persistent link: https://www.econbiz.de/10010264912
employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … the production period, and continuously updated feedback. The pay schemes are a piece rate payment scheme and a winner …-takes-all tournament. We find that, regardless of the pay scheme used, feedback does not improve performance. There are no significant peer …
Persistent link: https://www.econbiz.de/10010268675
of the returns to general training and be willing to pay for it despite its general nature. However this outcome is not … efficient, in the sense that too few workers are trained and workers who are hired receive too little training. We consider how … different institutions can affect this inefficiency. Industry-level minimum wages can remove the training inefficiency and …
Persistent link: https://www.econbiz.de/10010262512
smaller training costs, so that the welfare implications of each type of economy are a priori ambiguous: no model dominates …
Persistent link: https://www.econbiz.de/10010262696