Sequential development and exploitation of an exhaustible resource: do monopoly rights promote conservation?

DOI10.1016/J.JEEM.2004.05.005zbMath1122.91360OpenAlexW2039438445WikidataQ58386383 ScholiaQ58386383MaRDI QIDQ2485570

Carolyn Fischer, Ramanan Laxminarayan

Publication date: 5 August 2005

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

Full work available at URL: https://doi.org/10.1016/j.jeem.2004.05.005

zbMATH Keywords

MonopolyNatural resourcesSetup costsAntibioticsEconomics of resistanceInvention

Mathematics Subject Classification ID

Production theory, theory of the firm (91B38) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Resource and cost allocation (including fair division, apportionment, etc.) (91B32)

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