Dyer, Danny D.(University of Texas at Arlington, 1980-05)
**Please note that the full text is embargoed** ABSTRACT: The competitive sealed bids on an individual offshore oil and gas lease are often assumed to follow a lognormal distribution (Brown, 1969). However, under the ...
Dyer, Danny D.(University of Texas at Arlington, 1980-03)
**Please note that the full text is embargoed** ABSTRACT: It is the purpose of this paper to study the use of the Weibull distribution as an acceptable model for the distribution of the bids on a lease. A multi-sample test ...