Rescaling-contraction with a lower cost technology when revenue declines

Yes === A mature oil field rescaled contraction describes a switch to a technological alternative more appropriate for the depleted state of an underlying resource. Off-shore oil rigs are an illustration, since the original technological scale designed for very large output flows becomes inappropria...

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Bibliographic Details
Main Authors: Adkins, Roger, Paxson, D.
Language:en
Published: 2019
Subjects:
Online Access:http://hdl.handle.net/10454/16870

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