| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| Strategic Resource Dependence |
| Reyer Gerlagh; Matti Liski
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| 发表日期 | 2008
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| 出处 | Climate Change and Sustainable Development
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| 出版年 | 2008
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| 语种 | 英语
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| 摘要 | We consider a situation where an exhaustible-resource seller faces demand from a buyer who has a perfect substitute but there is a time-to-build delay for the substitute. We that find in this simple framework the basic implications of the Hotelling model (1931) are reversed: over time the stock declines but supplies increase up to the point where the buyer decides to switch. Under such a threat of demand change, the supply does not reflect the true current resource scarcity but leads to increased future scarcity, felt during the transition to the substitute supplies. The analysis suggests a perspective on costs of oil dependence. |
| 特色分类 | D4,D9,O33,Q40
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| 关键词 | Dynamic Bilateral Monopoly,Markov-Perfect Equilibrium,Depletable Resources,Energy,Alternative Fuels,Oil Dependence
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/strategic-resource-dependence/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117597
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推荐引用方式
GB/T 7714 |
Reyer Gerlagh,Matti Liski. Strategic Resource Dependence. 2008.
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文件名：
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NDL2008-072.pdf
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格式：
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Adobe PDF
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