Monopoly extraction of an exhaustible resource with two markets

被引：7

作者：

Fischer, C ^{[1
]}

Laxminarayan, R ^{[1
]}

机构：

[1] Resources Future Inc, Washington, DC 20036 USA

来源：

CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE | 2004年 / 37卷 / 01期

关键词：

D O I：

10.1111/j.0008-4085.2004.009_1.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Although much has been written about monopoly extraction of natural resources, the case of a resource being sold in two separate markets has escaped notice. We find that a monopolist facing two different iso-elastic demand schedules extracts more rapidly than the social planner, whether or not arbitrage prevents price discrimination between markets.

引用

页码：178 / 188

页数：11

共 50 条

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