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We examine the problem of the intertemporal allocation of the solid waste of cities within the United States to spatially distributed landfills and incinerators, taking into account that capacity at existing and potential landfills is scarce. Amendments to the Solid Waste Disposal Act have been...
Persistent link: https://www.econbiz.de/10011608369
We examine the problem of the intertemporal allocation of the solid waste of cities within the United States to spatially distributed landfills and incinerators, taking into account that capacity at existing and potential landfills is scarce. Amendments to the Solid Waste Disposal Act have been...
Persistent link: https://www.econbiz.de/10014065622
This paper analyses the problem of natural resource scarcity and its implications for economic development and international cooperation. We examine the meaning and measurement of resource “scarcity” and its implications for economic growth and development. The paper describes the conditions...
Persistent link: https://www.econbiz.de/10005118916
In recent years, the flow of solid wastes in all over the world has been increasing. There is no question, that, this trend poses ever-increasing problems for society. Already, many cities are having trouble in disposing of mounting heaps of trash. Neighboring areas are reluctant to serve as the...
Persistent link: https://www.econbiz.de/10011127625
extracted, and optimal depletion of open fields follows a (modified) Hotelling rule. Opening a new field involves sinking a … both depletion and field opening, and supply responses to price changes are studied. In contrast to Hotelling, the long run …
Persistent link: https://www.econbiz.de/10009275437
Common intuition and experimental psychology suggest that the ability to self-regulate ("willpower") is a depletable resource. We investigate the behavior of an agent with limited willpower who optimally consumes over time an endowment of a tempting and storable consumption good or "cake". We...
Persistent link: https://www.econbiz.de/10008460852
The one-demand Hotelling model fails to explain the observed specialization of nonrenewable resources. We develop a …
Persistent link: https://www.econbiz.de/10005704460
to Hotelling and the theory of oligopoly due to Nash and Cournot. Although useful as a teaching device to illustrate …
Persistent link: https://www.econbiz.de/10005619370
results from the Hotelling literature have their counterparts in forestry economics. The paper begins by describing the … optimal to extract the last older tree before extracting the first younger tree. In short, the inisights of Hotelling (1931 …
Persistent link: https://www.econbiz.de/10010719063
extracted, and optimal depletion of open fields follows a (modified) Hotelling rule.  Opening a new field involves sinking a … both depletion and field opening, and supply responses to price changes are studied.  In contrast to Hotelling, the long …
Persistent link: https://www.econbiz.de/10009143651