Shortcomings of the Brazilian Pre-Salt Auction Design

Aloisio Araujo, Clara Costellini, Otávio Damé and Paulo Monteiro

Revista Brasileira de Economia - RBE, 2016, vol. 70, issue 4

Abstract: Brazil's has had high expectations about its new Pre--Salt auction format. We discuss some of its inadequacies.

Date: 2016
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