International oil companies and host states: a new bargaining model

Vivoda, V. (2011) International oil companies and host states: a new bargaining model. Oil Gas and Energy Law Intelligence, 9 5: .

Author Vivoda, V.
Title International oil companies and host states: a new bargaining model
Journal name Oil Gas and Energy Law Intelligence
ISSN 1875-418X
Publication date 2011-10
Sub-type Critical review of research, literature review, critical commentary
Open Access Status
Volume 9
Issue 5
Total pages 20
Place of publication Voorburg, Netherlands
Publisher Maris
Language eng
Abstract This paper establishes a model for analyzing the dynamics of the host state-international oil company (IOC) bargaining relationship. Theoretically, the model advances our ability to investigate bargaining dynamics between host states, oil companies and other stakeholders in the oil industry. It is a mechanism which simplifies the complex array of relationships and bargains within which the host state-IOC bargaining relationship is nested. The model builds on and leverages the key contributions of earlier bargaining models. It enables us to integrate relevant ideas from existing scholarship on host state-MNC bargaining while also taking into account other actors and bargains at domestic and international levels that affect bargaining between an IOC and a host state. Practically, the model will help actors choose strategies more systematically, leading to higher relative bargaining power that may translate to preferable bargaining outcomes.
Keyword Oil industry
Bargaining model
Foreign investment
Multinational corporations
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Non-UQ

Document type: Journal Article
Sub-type: Critical review of research, literature review, critical commentary
Collection: Centre for Social Responsibility in Mining Publications
 
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Created: Thu, 22 May 2014, 15:24:38 EST by Vlado Vivoda on behalf of Centre for Social Responsibility in Mining