On the existence and optimality of competitive equilibria in nonrenewable resource industries
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DOI: 10.22004/ag.econ.6190
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- Fisher, Anthony C. & Karp, Larry, 1989. "On the Existence and Optimality of Competitive Equilibria in Nonrenewable Resource Industries," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt59x9h0vg, Department of Agricultural & Resource Economics, UC Berkeley.
References listed on IDEAS
- Schulze, William D., 1974. "The optimal use of non-renewable resources: The theory of extraction," Journal of Environmental Economics and Management, Elsevier, vol. 1(1), pages 53-73, May.
- Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
- Rees, R., 1989. "A Competitive Extrative Industry Does Not In General Move Along The Socially Optimal Depletion Path," Working Papers 1989-1, University of Guelph, Department of Economics and Finance.
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Resource /Energy Economics and Policy;Statistics
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