Browsing BI Open by Author "Vassnes, Erik"
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Modeling the response to exogenous shocks: The capital uplift rate in petroleum taxation
Berg, Magnus; Bøhren, Øyvind; Vassnes, Erik (Journal article; Peer reviewed, 2018)We show how a recent drop in the Norwegian capital uplift rate by two percentage points changes optimal field design and reduces field value for shareholders. Although optimal design changes considerably and value drops ...