This paper studies revenue-sharing contracts in distribution chains in the presence of win-win conditions. Revenue-sharing contracts are a mechanism to coordinate the firms in a distribution chain. Under these contracts the retailer shares its revenue with the supplier in exchange for a lower wholesale price. The win-win conditions are natural conditions requiring that the profit of any firm ma...

Due to the entry of Taiwan into WTO and the recently liberalized Petroleum Management Law, the oil market in Taiwan is liberalized and thus is becoming more competitive. However, the space limitation and the residents’ increasing awareness of environmental protection issues in the island make international vendors unavoidably have to rent tanks from domestic oil companies. In order to help the ...

We show that crude oil production from existing wells in Texas does not respond to current or expected future oil prices, contradicting a basic prediction of Hotelling’s (1931) canonical model of exhaustible resource extraction. In contrast, the drilling of new wells exhibits a strong price response, as does the rental rate on drilling rigs. To explain these observations, we reformulate Hotelli...

Agribusiness development in oil palm plantations can be used as one of the local government efforts, particularly by Siak local government in Indonesia, in generating revenue. Therefore we need a study that can provide a comparison of the level of competitiveness and efficiency of policies in the development of palm oil and its impact. The research was conducted by using the Policy Analysis Mat...

This was supposed to be a year of transition for South Sudan’s health system. After last July’s independence, the country—shored up by international donors—was set to move away from emergency response and toward post-confl ict health system development. But the government’s decision to turn off the country’s oil production—and with it 98% of the national revenue—over a pricing feud with Sudan, ...

Due to increasing reports on poor-quality palm oil in the market, there has been a continual decrease in demand and revenue cum product rejection of palm oil sold in Jos, Nigeria. Hence, the significance of this work aims to moderate the microbial and physical qualities of crude palm oil sold in different major markets in order to increase revenue through quality control and quality assurance p...

This paper investigates the existence of ownership effects in the global oil and gas industry, i.e. whether there are systematic performance and efficiency differentials between National Oil Companies (NOCs) and privately-owned International Oil Companies (IOCs). The dataset, which is based on a survey published by Energy Intelligence and covers 1,001 firm observation years in the period 1987 t...

Economically transformers constitute one of the largest investments in a Power system. For this reason, transformer condition assessment and management is a high priority task. If a transformer fails, it would have a significant negative impact on revenue and service reliability. Monitoring the state of health of power transformers has traditionally been carried out using laboratory Dissolved G...