Set-up costs and the existence of competitive equilibrium when extraction capacity is limited.

DOI10.1016/S0095-0696(03)00029-9zbMath1067.91016MaRDI QIDQ1416570

Stephen P. Holland

Publication date: 14 December 2003

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

zbMATH Keywords

Non-convexityCompetitive equilibriumExhaustible resourcesNatural resource extractionCapacity installationExtraction constraintsSet-up costs

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Microeconomic theory (price theory and economic markets) (91B24)

Related Items (1)

Existence of equilibria in exhaustible resource markets with economies of scale and inventories

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