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  • Baldursson, Fridrik M.; von der Fehr, Nils-Henrik M. (Journal article / Tidsskriftartikkel / AcceptedVersion; Peer reviewed, 2018)
    A government wants to exploit a renewable resource, yielding a time-varying flow of rent, by leasing it. Leasing contracts can be expropriated before expiration, albeit at a cost. To minimise transactions costs and avoid ...