Monopoly extraction of a nonrenewable resource facing capacity constrained renewable competition

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 120
Issue: 3
Pages: 503-508

Authors (2)

Wang, Min (not in RePEc) Zhao, Jinhua (Cornell University)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper studies monopoly extraction of a nonrenewable resource with the presence of a competitively supplied capacity constrained renewable substitute. The monopolist staves off the renewable supply when the latter becomes competitive and then lets the resource price jump up.

Technical Details

RePEc Handle
repec:eee:ecolet:v:120:y:2013:i:3:p:503-508
Journal Field
General
Author Count
2
Added to Database
2026-01-29