Prof. YEUNG Wing Kay, DavidDavidProf. YEUNG Wing KayHartwick, John M.John M.Hartwick2021-03-032021-03-031989Natural Resource Modeling, Fall 1989, vol. 3(4), pp. 577-588.1939-7445http://hdl.handle.net/20.500.11861/6481In 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.enProduction cost uncertainty and industry equilibrium for non-renewable resource extractionPeer Reviewed Journal Article10.1111/j.1939-7445.1989.tb00122.x