Nonconvexity, efficiency and equilibrium in exhaustible resource depletion
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- Fisher, Anthony C. & Karp, Larry, 1991. "Nonconvexity, Efficiency and Equilibrium in Exhaustible Resource Depletion," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt9hr4w60m, Department of Agricultural & Resource Economics, UC Berkeley.
References listed on IDEAS
- Eswaran, Mukesh & Lewis, Tracy R & Heaps, Terry, 1983. "On the Nonexistence of Market Equilibria in Exhaustible Resource Markets with Decreasing Costs," Journal of Political Economy, University of Chicago Press, vol. 91(1), pages 154-167, February.
- Hartwick, John M. & Kemp, Murray C. & Van Long, Ngo, 1986. "Set-up costs and theory of exhaustible resources," Journal of Environmental Economics and Management, Elsevier, vol. 13(3), pages 212-224, September.
- 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.
- Richard J. Gilbert, 1979. "Optimal Depletion of an Uncertain Stock," Review of Economic Studies, Oxford University Press, vol. 46(1), pages 47-57.
- Farrow, Scott, 1985. "Testing the Efficiency of Extraction from a Stock Resource," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 452-487, June.
CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Robert Cairns, 2008. "Exhaustible Resources, Non-Convexity and Competitive Equilibrium," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 40(2), pages 177-193, June.
- Antoine Bommier & Lucas Bretschger & François Grand, 2017.
"Existence of equilibria in exhaustible resource markets with economies of scale and inventories,"
Springer;Society for the Advancement of Economic Theory (SAET), vol. 63(3), pages 687-721, March.
- Antoine Bommier & Lucas Bretschger & Francois Le Grant, 2014. "Existence of Equilibria in Exhaustible Resource Markets with Econoies of Scale and Inventories," OxCarre Working Papers 146, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Antoine Bommier & Lucas Bretschger & François Le Grand, 2014. "Existence of Equilibria in Exhaustible Resource Markets with Economies of Scale and Inventories," CER-ETH Economics working paper series 14/203, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Fischer, Carolyn, 1998. "Once-and-for-All Costs and Exhaustible Resource Markets," Discussion Papers dp-98-25, Resources For the Future.
- Chermak, Janie M. & Patrick, Robert H., 2001. "A Microeconometric Test of the Theory of Exhaustible Resources," Journal of Environmental Economics and Management, Elsevier, vol. 42(1), pages 82-103, July.
- Mason, Charles F., 2012.
"On equilibrium in resource markets with scale economies and stochastic prices,"
Journal of Environmental Economics and Management,
Elsevier, vol. 64(3), pages 288-300.
- Charles F Mason, 2012. "On Equilibrium in Resource Markets with Scale Economies and Stochastic Prices," OxCarre Working Papers 073, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Holland, Stephen P., 2003.
"Set-up costs and the existence of competitive equilibrium when extraction capacity is limited,"
Journal of Environmental Economics and Management,
Elsevier, vol. 46(3), pages 539-556, November.
- Chermak, Janie M. & Crafton, James & Norquist, Suzanne M. & Patrick, Robert H., 1999. "A hybrid economic-engineering model for natural gas production," Energy Economics, Elsevier, vol. 21(1), pages 67-94, February.
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KeywordsExhaustible resource; nonconvex costs; existence of competitive equilibrium;
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