NEGOTIATION ON NATURAL RESOURCES

IF 16.4 1区 化学 Q1 CHEMISTRY, MULTIDISCIPLINARY
Joseph Pelzman, Murat Issabayev, Yessengali Oskenbayev
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引用次数: 0

Abstract

The host government (HG) of resource-rich countries (RRC) dealing with multiple International Oil Companies (IOCs) faces a choice between making a simultaneous multilateral offer and a sequential bilateral offer on equity shares from resource value. Provided that the HG treats all its foreign partners in a simultaneous negotiation as a single entity, it is argued that the HG is predicted to gain a higher equity share from a simultaneous multilateral bargaining deal than from a sequential bilateral one with each player. Furthermore, we argue that in case of positive weak externality from a sequential bilateral game, HG would still prefer a simultaneous multilateral game due to superadditivity and efficiency properties of grand coalition.
自然资源谈判
资源丰富国(RRC)的东道国政府(HG)在与多家国际石油公司(ioc)打交道时,面临着同时进行多边报价还是根据资源价值顺序进行双边报价的选择。假设HG将同时进行谈判的所有外国合作伙伴视为一个单一实体,则认为HG预计将从同时进行的多边谈判交易中获得比从与每个参与者的连续双边谈判中获得更高的股权份额。此外,由于大联盟的超可加性和效率特性,在序次双边博弈具有正弱外部性的情况下,HG仍然倾向于同时多边博弈。
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来源期刊
Accounts of Chemical Research
Accounts of Chemical Research 化学-化学综合
CiteScore
31.40
自引率
1.10%
发文量
312
审稿时长
2 months
期刊介绍: Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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