| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP346 |
| DP346 Intertemporal Consistency Issues in Depletable Resources | |
| David Newbery; Larry Karp | |
| 发表日期 | 1989-11-01 |
| 出版年 | 1989 |
| 语种 | 英语 |
| 摘要 | The current price of a depletable resource depends on future demands and supplies, which affect how rapidly the resource is exhausted. Plans for future levels of demand and supply can therefore affect the current price. If agents have market power and can commit to future plans, then such plans may be dynamically inconsistent, in that given an opportunity to revise those plans at some later date, they wish to deviate from the initial announcement. We survey cases in which such plans are dynamically inconsistent and discuss solution concepts such as Markov perfect equilibria, time consistent equilibria and feedback forms of open-loop equilibria. Different issues arise depending whether market power is on the supply side, or on the demand side. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Exhaustible resources Imports Natural resources Tariffs |
| URL | https://cepr.org/publications/dp346 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529503 |
| 推荐引用方式 GB/T 7714 | David Newbery,Larry Karp. DP346 Intertemporal Consistency Issues in Depletable Resources. 1989. |
| 条目包含的文件 | 条目无相关文件。 | |||||
| 个性服务 |
| 推荐该条目 |
| 保存到收藏夹 |
| 导出为Endnote文件 |
| 谷歌学术 |
| 谷歌学术中相似的文章 |
| [David Newbery]的文章 |
| [Larry Karp]的文章 |
| 百度学术 |
| 百度学术中相似的文章 |
| [David Newbery]的文章 |
| [Larry Karp]的文章 |
| 必应学术 |
| 必应学术中相似的文章 |
| [David Newbery]的文章 |
| [Larry Karp]的文章 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
