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http://hdl.handle.net/20.500.11861/6481| Title: | Production cost uncertainty and industry equilibrium for non-renewable resource extraction |
| Authors: | Prof. YEUNG Wing Kay, David Hartwick, John M. |
| Issue Date: | 1989 |
| Source: | Natural Resource Modeling, Fall 1989, vol. 3(4), pp. 577-588. |
| Journal: | Natural Resource Modeling |
| Abstract: | In this paper we examine production cost uncertainty in a non‐renewable resource industry model. A rational expectations, m‐firms industry equilibrium is characterized, and the effects of production cost uncertainty on industry rent and firms' profits are examined. |
| Type: | Peer Reviewed Journal Article |
| URI: | http://hdl.handle.net/20.500.11861/6481 |
| ISSN: | 1939-7445 |
| DOI: | 10.1111/j.1939-7445.1989.tb00122.x |
| Appears in Collections: | Economics and Finance - Publication |
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