Data/hora: 09/06/2024 11:41:30

Provedor de dados: 	31	
País: 	United States	
Título: 	Fundamental Economics of Depletable Energy Supply	
Autores: 	Krautkraemer,   Jeffrey A.; Toman,   Michael.	
Data: 	2005-10-25	
Ano: 	2003	
Palavras-chave: 	Depletable resources; Energy; Intertemporal optimization; Resource /Energy Economics and Policy; Q4.	
Resumo: 	In this paper, we first present and discuss the basic logic underlying all neoclassical economic theories of "optimal" energy supply: maximization of the present value of some stream of economic returns. We then discuss how the economic theory of optimal resource depletion has evolved since Hotelling's classic 1931 article. We also consider the power of the theory to support improved empirical understanding of actual behavior. Our discussion of empirical literature indicates that this work has so far provided only limited empirical understanding.	
Tipo: 	Working or Discussion Paper	
Idioma: 	Inglês	
Identificador: 	18463

http://purl.umn.edu/10842	
Editor: 	AgEcon Search	
Relação: 	Resources for the Future&gt;Discussion Papers

Discussion Paper 03-01	
Formato: 	30

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