Federal financial incentives to induce early experience producing unconventional liquid fuels

The government, as a principal, may seek to induce a private investor, as an agent, to build and operate an unconventional-oil production plant to promote early production experience with such plants. Given this goal,facing significant uncertainty about the future, the government wants to limit the...

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Bibliographic Details
Main Author: Camm, Frank A., 1949- (-)
Other Authors: Bartis, James T., 1945-, Bushman, Claudia L.
Format: eBook
Language:Inglés
Published: Santa Monica, CA : RAND Corp 2008.
Series:Technical report (Rand Corporation) ; TR-586-AF/NETL.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009426441206719
Description
Summary:The government, as a principal, may seek to induce a private investor, as an agent, to build and operate an unconventional-oil production plant to promote early production experience with such plants. Given this goal,facing significant uncertainty about the future, the government wants to limit the cost to the public treasury of doing this. This report offers an analytic way to design and assess packages of policy instruments that the government can use to achieve its goal. It starts with general principles of the economic theories of contracting and agency. Looking across many alternative futures he
Item Description:Description based upon print version of record.
Physical Description:1 online resource (97 p.)
Bibliography:Includes bibliographical references (p. 75-77).
ISBN:9781282451216
9786612451218
9780833048653