Monopoly resource extractions under the presence of predetermined substitute production

DOI10.1016/0022-0531(83)90102-3zbMath0514.90014OpenAlexW2096079722MaRDI QIDQ1051552

Michael Hoel

Publication date: 1983

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

Full work available at URL: https://doi.org/10.1016/0022-0531(83)90102-3

zbMATH Keywords

equilibrium extractionmonopoly-owned resourceprice pathsubstitute production

Mathematics Subject Classification ID

Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (6)

Joint production of substitutable, exhaustible resources, or: Is flaring gas rational? ⋮ Monopoly extraction of a nonrenewable resource facing capacity constrained renewable competition ⋮ INTERTEMPORAL INVESTMENTS INTO SYNFUELS ⋮ Perfect equilibrium timing of a backstop technology. Limit pricing induced by trigger zones ⋮ EXPLORATION FOR NONRENEWABLE RESOURCES IN A DYNAMIC OLIGOPOLY: AN ARROVIAN RESULT ⋮ Strategic resource dependence

Cites Work

• Potential competition and the monopoly price of an exhaustible resource
• Resource extraction, substitute production, and monopoly
• Unnamed Item
• Unnamed Item

This page was built for publication: Monopoly resource extractions under the presence of predetermined substitute production