Strategic resource dependence

DOI10.1016/J.JET.2010.09.007MaRDI QIDQ533103zbMATH OpenOpenAlexFDO

Authors Reyer Gerlagh, Matti Liski

Publication date 2 May 2011

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://ageconsearch.umn.edu/record/44222/files/72-08.pdf

zbMATH Keywords

energyMarkov-perfect equilibriumalternative fuelsdepletable resourcesdynamic bilateral monopolyoil dependence

Mathematics Subject Classification ID

Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Special types of economic markets (including Cournot, Bertrand) (91B54)

Recommendations

• Optimal management of strategic reserves of nonrenewable natural resources
• Resource prices and planning horizons
• A Theory of 'Oil'Igopoly: Cournot Equilibrium in Exhaustible Resource Markets with Fixed Supplies
• scientific article; zbMATH DE number 4035530
• Sluggish Demand, Price Expectations And Monopolistic Resource Extraction

Cites work

• scientific article; zbMATH DE number 3476830 (Why is no real title available?)
• A Theory of 'Oil'Igopoly: Cournot Equilibrium in Exhaustible Resource Markets with Fixed Supplies
• Learning and Strategic Pricing
• Monopoly resource extractions under the presence of predetermined substitute production
• Oligopoly equilibria in nonrenewable resource markets
• On Oligopolistic Markets for Nonrenewable Natural Resources
• What do discounted optima converge to!: A theory of discount rate asymptotics in economic models

Cited in

(6)

• Piecewise closed-loop equilibria in differential games with regime switching strategies
• The supply side of \(\mathrm {CO}_2\) with country heterogeneity
• Resource prices and planning horizons
• Natural cycles and pollution
• A NOTE ON OIL DEPENDENCE AND ECONOMIC INSTABILITY
• Pollution, carrying capacity and the Allee effect

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