Browsing Faculté des arts et des sciences – Département de sciences économiques by Subject "nonrenewable natural resources"

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  • The Alberta Dilemma: Optimal Sharing of a Water Resource by an Agricultural and an Oil Sector 

    Gaudet, Gérard; Moreaux, Michel; Withagen, Cees (Université de Montréal. Département de sciences économiques., 2005)
    The purpose of this paper is to characterize the optimal time paths of production and water usage by an agricultural and an oil sector that have to share a limited water resource. We show that for any given water stock, if the oil stock is sufficiently ...

  • Temporary Natural Resource Cartels 

    Benchekroun, Hassan; Gaudet, Gérard; LONG, Ngo Van (Université de Montréal. Département de sciences économiques., 2004)
    We analyze the behavior of a nonrenewable resource cartel that anticipates being forced, at some date in the future, to break-up into an oligopolistic market in which its members will then have to compete as rivals. Under reasonable assumptions about ...