Browsing Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications by Subject "[JEL:Q2] Agricultural and Natural Resource Economics; Environmental and Ecological Economics - Renewable Resources and Conservation"
Now showing items 1-1 of 1
-
The Alberta Dilemma: Optimal Sharing of a Water Resource by an Agricultural and an Oil Sector
(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 ...