Ultimate recovery of an exhaustible resource under different market structures

DOI10.1016/0095-0696(84)90031-7zbMath0544.90018OpenAlexW2053320224MaRDI QIDQ797474

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

zbMATH Keywords

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

Mathematics Subject Classification ID

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

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Existence and transversality conditions for a general `unbounded-horizon' model of the mining firm

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