A note on the theory of investment: Hotelling’s rule under process independence
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DOI: 10.1007/s12076-010-0035-7
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- Li, Chuan-Zhong & Löfgren , Karl-Gustaf, 2008. "A note on the theory of investment: Hotelling's rule under process independence," Umeå Economic Studies 752, Umeå University, Department of Economics.
References listed on IDEAS
- Kenneth Arrow & Partha Dasgupta & Karl-Göran Mäler, 2003.
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- Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
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More about this item
Keywords
Hotelling’s rule; Capital pricing; Dynamic welfare; C60; H54; Q39;All these keywords.
JEL classification:
- D10 - Microeconomics - - Household Behavior - - - General
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
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