Production sharing contracts (PSCs) and buyback contracts are two important contract modes in the upstream oil industry. In this paper, we build a theoretical model to compare investment and production levels under these two contracts. Our model results show that PSCs lead to higher investment...

This paper develops linear estimators for structural and causal parameters in nonparametric,nonseparable models using panel data. These models incorporate unobserved, time-varying, individual heterogeneity, which may be correlated with the regressors. Estimation is based on an approximation of...

Successful Defined Contribution Investment Design -- Disclosure -- Contents -- Acknowledgments -- Introduction -- How This Book Is Organized-and How to Use It -- A Continuing Commitment to Meet the Need for Information -- Why Should You Read This Book? -- Part One DC Plans: A Cornerstone of...