Concession minière et asymétrie d'information
Abstract[fre] Nous analysons le contrat de concession concernant l'exploitation d'une ressource non renouvelable lorsque l'opérateur minier détient une information privée sur ses coûts. Nous montrons que l'arbitrage " traditionnel " rente-efficacité consistant à diminuer la production par rapport au cadre informationnel symétrique n'est pas systématique dans le contrat de concession minière. Nous démontrons que ce résultat est dû à la présence de l'effet de stock caractérisant les ressources non renouvelables. [eng] Mining Concessions and Asymmetric Information by Jean-Christophe Poudou and Lionel Thomas . We study a concession contract for exploiting an exhaustible resource when a mining firm has private information about its costs. We show that the "traditional" balance between revenue and efficiency, which results in a lower level of production than with symmetric information, is not systematic in this contract. This is due to the specific depletion cost of non-renewable resources.
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Bibliographic InfoArticle provided by Programme National Persée in its journal Économie & prévision.
Volume (Year): 143 (2000)
Issue (Month): 2 ()
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Web page: http://www.persee.fr/web/revues/home/prescript/revue/ecop
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- Mireille Chiroleu-Assouline & Sebastien Roussel, 2014. "Payments for Carbon Sequestration in Agricultural Soils: Incentives for the Future and Rewards for the Past," CEEES Paper Series CE3S-01/14, European University at St. Petersburg, Department of Economics.
- repec:mop:credwp:03.10.38 is not listed on IDEAS
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