Competitive Pricing of Non-renewable Natural Resources
Author : Stanford University. Energy Modeling Forum
Publisher :
Page : 102 pages
File Size : 14,22 MB
Release : 1980
Category :
ISBN :
Competitive Pricing of Nonrenewable Natural Resources
Author : Robert Charles Drury
Publisher :
Page : 438 pages
File Size : 37,19 MB
Release : 1982
Category : Natural resources
ISBN :
Book Description
Non-Renewable Resources Extraction Programs and Markets
Author : J. Hartwick
Publisher : Routledge
Page : 163 pages
File Size : 45,69 MB
Release : 2013-10-08
Category : Business & Economics
ISBN : 1136469427
Book Description
Considers the role of economics in discussions about the depletion of finite stocks of natural resources including oil.
An Analysis of Cartelized Market Structures for Nonrenewable Resources
Author : Robert A. Marshalla
Publisher : Routledge
Page : 430 pages
File Size : 27,61 MB
Release : 2017-10-17
Category : Business & Economics
ISBN : 1351593544
Book Description
Originally published in 1979. While the theory of non-renewable resources under competitive and monopolistic market regimes have been relatively well developed, almost no attention has been given to the development of a theoretical framework for analysis of the spectrum of mixed market structure between those extremes. The world oil market structure is an example of such an intermediate market structure. The purpose of this title is to develop such a theoretical framework. The study examines non-renewable resource markets in which a profit maximizing producer cartel co-exists with a non-cartel supply sector, which is alternately modelled as consisting of a collection of competitive firms or as exhibiting other exogenously assumed supply behaviours. This title will be of interest to students of environmental economics.
Natural Resource Pricing and Rents
Author : Andrey Vavilov
Publisher : Springer Nature
Page : 314 pages
File Size : 49,23 MB
Release : 2021-08-03
Category : Business & Economics
ISBN : 3030767531
Book Description
This book examines the economics of natural resource markets and pricing, as well as the field of natural resource economics in general. It presents the key contributions to this field of research, including the pioneering works and contemporary studies. The book highlights the basic principles and ideas underlying theoretical models of resource pricing. The models considered in the book underline the fundamental determinants of resource prices and the economic nature of rents for non-renewable and renewable resources. Besides the classical theory of exhaustible resource economics, the book includes several issues that are of high importance for global economic growth, such as the transition to alternative energy and the economics of climate change. The authors also consider the issues of commodity pricing and a resource cartel’s activity that are relevant to the world oil market. The book provides analytical solutions illustrated with numerical examples. It allows an intuitive understanding of the subject and the model inferences through graphical illustrations and an informal introduction. It, therefore, is a must-read for everybody interested in a better understanding of resource prices, resource markets, and resource economics.
Non-Renewable Resources and Disequilibrium Macrodynamics
Author : Robert Marks
Publisher : Routledge
Page : 358 pages
File Size : 17,76 MB
Release : 2017-10-17
Category : Business & Economics
ISBN : 135161052X
Book Description
This study, first published in 1979, continues by examining the question of whether a competitive economy can efficiently allocate a stock of non-renewable natural resources through time. Long-run analyses of competitive economies with such resources have concluded that, without perfect foresight or a complete set of future markets extending infinitely far into the future, there is no economic mechanism to guarantee that the initial price is set so that the economy converges to the socially desirable path of balanced growth. This title will be of interest to students of environmental and natural resource economics.
Analyzing Nonrenewable Resource Supply
Author : Douglas R. Bohi
Publisher : Routledge
Page : 180 pages
File Size : 38,74 MB
Release : 2015-09-16
Category : Nature
ISBN : 1317361431
Book Description
Originally published in 1984, Douglas A. Bohi and Michael A. Toman have produced a convenient reference source about disparate elements in the theory of nonrenewable resource supply and about general issues that arise when applying dynamic economic analysis. The authors emphasise the inherently dynamic nature of resource supply decisions, the effects of resource depletion on costs and behaviour, and the influence of uncertainty about costs, prices, and reserves. This title will be useful to students interested in environmental studies and economics, practitioners, and others who need to know more about complex interactions of economic forces and the resource base.
Long Term Control of Exhaustible Resources
Author : P. Lasserre
Publisher : Taylor & Francis
Page : 133 pages
File Size : 15,29 MB
Release : 2013-09-27
Category : Business & Economics
ISBN : 1136469982
Book Description
This title is concerned with the issue of long-term depletion of non-renewable natural resources.
Environmental Economics
Author : Nick Hanley
Publisher : Oxford University Press on Demand
Page : 464 pages
File Size : 45,87 MB
Release : 1997
Category : Business & Economics
ISBN : 9780195212556
Book Description
Environmental Economics in Theory and Practice provides a thorough and coherent review and discussion of environmental economics. It is a guide to the most important areas of natural resource and environmental economics, including the economics of non-renewable and renewable resource extraction, the economics of pollution control, the application of cost-benefit analysis to the environment, and the economics of sustainable development. The book concentrates on key elements of economic theory, and shows how they can be applied to real-world problems. Particular emphasis is placed on analyzing recent empirical studies from all over the world along with in-depth coverage of various economic models. Each chapter develops the main theoretical results and recent analytic techniques necessary for understanding applications. Throughout the book, results are presented in words, graphs, and mathematical models; brief technical notes inform readers about optimal control theory, the Kuhn-Tucker conditions, game theory, and linear programming. Moving through the laws of thermodynamics to an analysis of market failure, the book turns to the economics of natural resources and pollution control. It concludes with an examination of environmental cost-benefit analysis and sustainable development. A comprehensive text, it is particularly suitable for use in advanced undergraduate and graduate courses in environmental and resource economics. Because of up-to-date coverage, it will also be of interest to professionals working in resource and environmental economics.
Application of Hotelling Rule for Analysing Utilisation Pattern of Non-Renewable Resources in India Through Ongc
Author : Yenneti Komalirani
Publisher : GRIN Verlag
Page : 33 pages
File Size : 16,15 MB
Release : 2011-12
Category : Business & Economics
ISBN : 3656083126
Book Description
Scientific Essay from the year 2009 in the subject Business economics - Economic Policy, Adani Institute of Infrastructure Management (Technology Innovation & Management for Sustainable Development (TIMS 2009)), course: Non Renewable Resources, language: English, abstract: Hotteling Rule was evolved by Harold Hotteling as a result of analysis of non-renewable resource management, is a distinct theory which gives us clear idea of non renewable resource economics and provides a close insight into long run behaviour of price and supply in market for non renewable resources. The paper deals with the application of Hotteling rule to Oil and Natural Gas Corporation (ONGC) to find the sustainability of the oil resources and analyse the reserve trend scenarios. ONGC is the only fully-integrated petroleum company in India, operating along the entire hydrocarbon value chain. It also contributes to over 78% of India's oil and gas production. The analysis was carried out taking 2000-01 as the base year till 2007-08 to find out the sustainability of the oil reserves of ONGC. It is found that according to the baseline scenario, the resources would deplete in 3-4 years, but as every year new reserves are found, the resource is being sustainable since 2000. Thus Hotteling Rule is said to be indifferent for the firm and the firm is said to sustainable. The paper also carries the assessment of the exhaustion rate of oil and natural gas in India considering 1990 as the base year. The exhaustion rate of the reserves is found to be 13 to 21 years until and unless there is a new reserve replacement.
