Brazee, Richard J.; Cloutier, L. Martin - In: American Journal of Economics and Sociology 65 (2006) 3, pp. 827-856
Early exhaustible resource economics provides an important foundation for recent suggestions that firm-level economic modeling plays a larger role in the analysis of resource scarcity. The lack of empirical support for Hotelling's "r"-percent rule, introduced in 1931, and recent suggestions that...
