The Optimal Consumption of Depletable Natural Resources: An Elaboration, Correction, and Extension

S-Tier

Journal: Quarterly Journal of Economics

Year: 1978

Volume: 92

Issue: 2

Pages: 337-344

Authors (3)

M. L. Cropper (University of Maryland) Milton C. Weinstein (not in RePEc) Richard J. Zeckhauser (National Bureau of Economic Re...)

Score contribution per author:

2.691 = (α=2.02 / 3 authors) × 4.0x S-tier

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

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Abstract

I. Optimality of competitive markets with increasing marginal extraction costs—a correction and elaboration, 338.—II. Cases where extraction rights or extraction technologies must be traded, 341.—III. Conclusion, 343.

The Optimal Consumption of Depletable Natural Resources: An Elaboration, Correction, and Extension

Authors (3)

Abstract

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