Lewis, Tracy R. and Matthews, Steven A. and Burness, H. Stuart (1979) Monopoly and the rate of extraction of exhaustible resources: Note. American Economic Review, 69 (1). pp. 227-230. ISSN 0002-8282. http://resolver.caltech.edu/CaltechAUTHORS:20171127-142124948
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| Item Type: | Article | |||||||||
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| Additional Information: | © 1979 American Economic Association. This research was performed at the Environmental Quality Lab, California Institute of Technology, in part under the auspices of Ford Foundation grant 5740-0469 and Energy Research and Development Administration grant #EX-76-G-03-1305, Caltech Energy Research Program and is gratefully acknowledged. We wish to thank Jim Quirk and Vernon Smith for thoughtful comments and suggestions on an earlier version of this manuscript. Thanks are also due to George Borts and a referee for suggestions that led to this final form. Of course, remaining deficiencies are our responsibility. Formerly SSWP 137. | |||||||||
| Group: | Environmental Quality Laboratory | |||||||||
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| Subject Keywords: | Elasticity of demand, Economic resources, Natural resources, Nonrenewable resources, Extraction costs, Operating costs, Fixed costs, Monopoly, Cost efficiency, Economic costs | |||||||||
| Record Number: | CaltechAUTHORS:20171127-142124948 | |||||||||
| Persistent URL: | http://resolver.caltech.edu/CaltechAUTHORS:20171127-142124948 | |||||||||
| Usage Policy: | No commercial reproduction, distribution, display or performance rights in this work are provided. | |||||||||
| ID Code: | 83455 | |||||||||
| Collection: | CaltechAUTHORS | |||||||||
| Deposited By: | Jacquelyn Bussone | |||||||||
| Deposited On: | 27 Nov 2017 22:33 | |||||||||
| Last Modified: | 27 Nov 2017 22:33 |
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