Ultimate recovery of an exhaustible resource under different market structures

DOI10.1016/0095-0696(84)90031-7zbMATH Open0544.90018OpenAlexW2053320224MaRDI QIDQ797474FDOQ797474

Authors: Mukesh Eswaran, Tracy R. Lewis 

Publication date: 1984

Published in: Journal of Environmental Economics and Management (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0095-0696(84)90031-7

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zbMATH Keywords

environmental economicsexhaustible resourcecompetitive resource depletionCournot- Nash equilibriumdifferent market structuresrate of extraction

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62)

Cited In (8)

• Hotelling rents in Hotelling space: Product differentiation in exhaustible resource markets
• Existence and transversality conditions for a general `unbounded-horizon' model of the mining firm
• Expectations about change in market structure and natural resource extraction
• Externalities, market power, and resource extraction
• THE 2012 LAWRENCE R. KLEIN LECTURE: BUBBLES IN PRICES OF EXHAUSTIBLE RESOURCES*
• OPTIMAL TARIFFS ON EXHAUSTIBLE RESOURCES: THE CASE OF QUANTITY-SETTING
• A microeconometric test of the theory of exhaustible resources
• A Theory of 'Oil'Igopoly: Cournot Equilibrium in Exhaustible Resource Markets with Fixed Supplies

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