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economics through a simple representation of Ricardo's economic theory of the falling rate of profit (i.e., the stationary state …
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This paper links Hotelling's theory, in recent literature applied to an emission constrained environment, with the …
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It would seem that Hotelling's rule and its related models of resource extraction and electricity production as largest …
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Despite the central role of the Hotelling model within the theory of nonrenewable resources, tests of the model are … suggest an extension of the basic Hotelling framework to incorporate exploration activity and market power and propose an …
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