Heterogeneous Demand and Order of Resource Extraction

DOI10.2307/2951755zbMath0816.90027OpenAlexW1989341663MaRDI QIDQ4319569

Ujjayant Chakravorty, Darrell L. Krulce

Publication date: 11 January 1995

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2951755

zbMATH Keywords

exhaustible resourceoptimal extraction

Mathematics Subject Classification ID

Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Consumer behavior, demand theory (91B42)

Related Items (5)

Discontinuous extraction of a nonrenewable resource ⋮ Specialization and non-renewable resources: Ricardo meets Ricardo ⋮ When additional resource stocks reduce welfare ⋮ On the optimal order of natural resource use when the capacity of the inexhaustible substitute is limited ⋮ On nonrenewable resource oligopolies: the asymmetric case

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