THE OPTIMAL CONSUMPTION OF DEPLETABLE NATURAL RESOURCES.
The article states that, under certain standard simplifying assumptions, the consumption stream of a depletable, nonreclaimable, nonreproducible resource that is produced by competitive market behavior does, in fact coincide with the socially efficient consumption stream in the U.S. In response to t...
| Publicado en: | Quarterly Journal of Economics Vol. 89; no. 3; pp. 371 - 393 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Oxford University Press / USA
Aug75
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |