Bargaining model for the international oil industry

Vivoda, Vlado 2011, Bargaining model for the international oil industry, Business and Politics, vol. 13, no. 4, doi: 10.2202/1469-3569.1384.

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Title Bargaining model for the international oil industry
Author(s) Vivoda, VladoORCID iD for Vivoda, Vlado orcid.org/0000-0002-0105-1702
Journal name Business and Politics
Volume number 13
Issue number 4
Article ID UNSP 3
Total pages 35
Publisher CAMBRIDGE UNIV PRESS
Publication date 2011-12-01
ISSN 1369-5258
1469-3569
Keyword(s) Social Sciences
Business
Business & Economics
bargaining power
theoretical model
international oil industry
international oil companies
host governments
RESOURCE NATIONALISM
OBSOLESCING BARGAIN
UNITED-STATES
HOST COUNTRY
GOVERNMENT
POWER
OWNERSHIP
COMPANIES
MULTINATIONALS
NEGOTIATIONS
Summary 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 sophisticated mechanism which identifies 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.
Language eng
DOI 10.2202/1469-3569.1384
Indigenous content off
Field of Research 1606 Political Science
HERDC Research category C1 Refereed article in a scholarly journal
Persistent URL http://hdl.handle.net/10536/DRO/DU:30138282

Document type: Journal Article
Collections: Faculty of Arts and Education
School of Humanities and Social Sciences
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