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exhaustible resource
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existence of competitive equilibrium
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nonconvex costs
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Fisher, Anthony C.
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Karp, Larry
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Department of Agricultural and Resource Economics, University of California-Berkeley
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Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series
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Nonconvexity, Efficiency and Equilibrium in Exhaustible Resource Depletion
Fisher, Anthony C.
;
Karp, Larry
-
Department of Agricultural and Resource Economics, …
-
1991
restore
existence
of
competitive
equilibrium
, even if the backstop price is very high. In this case, however, the competitive …
Persistent link: https://www.econbiz.de/10010537479
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