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Vertical contracts in petrol retailing : incentives and risk-sharing

Subtitle:
OIES paper: M19
Abstract:

The purpose of this paper is to describe the variety of contractual arrangements in use in the UK petrol industry between refiners/wholesalers and their retailers, and assess their respective properties. Section 2 provides a brief account of the evolution of the main contractual options over the past two decades, emphasizing both the process of dynamic change which characterized the choice of organizational form, and the competitive element in such choice (i.e. how changes by one company appe...

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Publication status:
Published
Peer review status:
Reviewed (other)
Version:
Publisher's version

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Institution:
University of Oxford
Research group:
Oxford Institute for Energy Studies
Role:
Author
Publisher:
Oxford Institute for Energy Studies Publisher's website
Publication date:
1994-01-01
URN:
uuid:bf2def4e-7b5f-4c05-9308-f6ffa70d13a6
Local pid:
ora:10314
ISBN:
0-948061-84-7

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