| Abstract: | El Mutún, perhaps the world‘s largest remaining iron ore deposit, was opened to private investors in the 1980s but, due to the high cost of developing the remote Bolivian site, there were no takers for two decades. In late 2005, spurred by rising commodity prices, the Brazilian company EBX finally seized the opportunity, preempting rivals based in China and India. Numerous similar examples can be found in the annals of mining and oil companies (Raymond F. Mikesell et al. 1971). |
| Genre: | Article |
| ProdID: | 70037613 |
| Citation Author: | Anderson, Steven T.; Friedman, Daniel ; Oprea, Ryan |
| Citation Contributing Office: | National Minerals Information Center |
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| Citation End Page: | 1803 |
| Citation Issue: | 4 |
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| Citation Language: | English |
| Citation Larger Work Title: | American Economic Review |
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| Citation Month: | SEP |
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| Citation Phsyical Description: | 26 p. |
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| Citation Publisher: | American Economic Association |
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| Citation Search Results Text: | Preemption games: theory and experiment; 2010; Article; Journal; American Economic Review; Anderson, Steven T.; Friedman, Daniel ; Oprea, Ryan |
| Citation Start Page: | 1778 |
| Citation Volume: | 100 |
| Citation Year: | 2010 |
| Type: | citation/reference |
| Text: | Preemption games: theory and experiment; 2010; Article; Journal; American Economic Review; Anderson, Steven T.; Friedman, Daniel ; Oprea, Ryan |
| URL (THUMBNAIL): | http://pubs.er.usgs.gov/thumbnails/outside_thumb.jpg |
| URL (DIGITAL OBJECT IDENTIFIER): | http://dx.doi.org/10.1257/aer.100.4.1778 |
| Date Other: | Fri, 1 Jan 2010 00:00 -0600 |
| Publisher: | American Economic Association |