The evolution of thought on the availability of non-renewable natural resources in the long run
There are different views about the availability of non-renewable resources in the long run. Hotelling’s (1931) seminal model of exhaustible resources greatly influenced subsequent studies. Hotelling’s and related fixed-stock models imply decreasing availability and increasing real prices of non-...
Main Author: | Nel, Wilhelm Pieter |
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Other Authors: | Hodge, Duncan |
Format: | Others |
Language: | en |
Published: |
2021
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Subjects: | |
Online Access: | http://hdl.handle.net/10500/27268 |
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