Browsing Technical Papers - DO NOT EDIT by Subject "Offshore oil/gas bids"
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On the Discrimination Between the Lognormal and the Weibull Distributions With Applications to Offshore Oil/Gas Lease Bids
(University of Texas at ArlingtonDepartment of Mathematics, 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 ...