... that individual bidders who have paid higher bonuses, which must affect profit adversely, have tended to be paid for those higher bonuses with some other factors that affected profit favorably. oil & gas law frequency smaller company Energy Law Upstream Oil & Gas higher bonus environmental...

... and derived an expression giving expected values of money left on the table as a function of the standard deviation of bids, and the number of bids per lease, n. Energy Law Upstream Oil & Gas bidder asset and portfolio management disparity lease bid algorithm lottransform environmental law...