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.enCost UncertaintyExhaustible ResourcesIndustry EquilibriumProduction cost uncertainty and industry equilibrium for non-renewable resource extractionPeer Reviewed Journal Article10.1111/j.1939-7445.1989.tb00122.x