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Hubbert oil peak and Hotelling rent revisited by a simulation model

Hubbert oil peak and Hotelling rent revisited by a simulation model

Hubbert oil peak and Hotelling rent revisited by a simulation model. OTAE 2009 July 7th, 2009, at Mines-ParisTech. Outline. Questions addressed Model principles Results Single agent exploring 1 global area Single agent exploring 2 areas Stackelberg oligopoly.

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488 views • 33 slides
Chapter 13

Chapter 13

Chapter 13. Generalized Resource Scarcity. 13.1 Introduction. Main contents:

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391 views • 23 slides
Generalized Resource Scarcity

Generalized Resource Scarcity

Generalized Resource Scarcity. Monday, April 24. Indicators of Scarcity. Physical indicators Resource prices Scarcity rent Marginal discovery cost Marginal extraction cost. A good indicator of scarcity:. Provides foresight Anticipate, not just report Provides comparability

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390 views • 19 slides
Generalized Resource Scarcity

Generalized Resource Scarcity

Generalized Resource Scarcity. Monday, April 24. Indicators of Scarcity. Physical indicators Resource prices Scarcity rent Marginal discovery cost Marginal extraction cost. A good indicator of scarcity:. Provides foresight Anticipate, not just report Provides comparability

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195 views • 19 slides
Lecture 20: The Environment and Development

Lecture 20: The Environment and Development

Lecture 20: The Environment and Development. Economics and the Environment. Environment and Development: The Basic Issues. The concept of sustainable development, and linkages between the environment

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324 views • 11 slides
REM 621 Topic 12: Non-renewable Resources

REM 621 Topic 12: Non-renewable Resources

REM 621 Topic 12: Non-renewable Resources. Topics in Non-renewable Resource Economics. Fixed supply and scarcity: the McKelvey Box Exploration and development: the Mayflower problem and the small/big/small pattern of discoveries (Norgard 1990)

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252 views • 11 slides

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