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Published in 2018 at "Environmental and Resource Economics"
DOI: 10.1007/s10640-016-0003-9
Abstract: The theoretical literature following Hotelling (J Polit Econ 39:137–175, 1931) assumed that all nonrenewable resource needs are satisfied by one type of resource (e.g. “oil”), extractible at different per-unit costs. This formulation implicitly assumes that…
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Keywords:
nonrenewable resources;
resource;
resources use;
model ... See more keywords