Expensive hidden assumptions

  • Negotiations are a Zero Sum Game
  • National legislation and regulation have sufficient support of the community
  • Knowledge hierarchy : “Science is science, don’t let those damned politicians ever screw you up” Lee Raymond, former CEO EXXON
  • Historical relations, reputations and public opinion do not play a significant role
  • Socio-political risks and reputation are difficult to quantify and difficult to manage
  • Negotiations with the community is the task of the government (says the industry)
  • The industry has to secure it’s social license (says the government)
  • anti mining fracking arequipa peru NAM Peru indigenous


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