A note on the theory of investment: Hotelling's rule under process independence
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Other versions of this item:
- Chuan-Zhong Li & Karl-Gustaf Löfgren, 2010. "A note on the theory of investment: Hotelling’s rule under process independence," Letters in Spatial and Resource Sciences, Springer, vol. 3(2), pages 55-60, July.
References listed on IDEAS
- Harold Hotelling, 1931. "The Economics of Exhaustible Resources," Journal of Political Economy, University of Chicago Press, vol. 39(2), pages 137-137.
- Kenneth Arrow & Partha Dasgupta & Karl-Göran Mäler, 2003.
"Evaluating Projects and Assessing Sustainable Development in Imperfect Economies,"
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- Kenneth Arrow & Partha Dasgupta & Karl-Göran Mäler, 2003. "Evaluating Projects and Assessing Sustainable Development in Imperfect Economies," Working Papers 2003.109, Fondazione Eni Enrico Mattei.
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More about this item
Keywords
Hotelling's rule; capital investment and process independence;JEL classification:
- D10 - Microeconomics - - Household Behavior - - - General
- Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-PPM-2008-10-21 (Project, Program and Portfolio Management)
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