Now showing items 1-3 of 3

  • Intertemporal and Spatial Depletion of Landfills 

    Gaudet, Gérard; Moreaux, Michel; Salant, Stephen W. (Université de Montréal. Département de sciences économiques., 1997)
    This paper generalizes Hotelling's (1931) theory of nonrenewable resources to situations where resource pools and their users are distributed spacially. Extraction and transport costs are assumed to be linear in the rate of extraction, but utilization ...
  • On the Optimal Order of Natural Resource Use When the Capacity of the Inexhaustible Substitute is Limited 

    Amigues, J-P; Favard, P.; Gaudet, Gérard; Moreaux, Michel (Université de Montréal. Département de sciences économiques., 1996)
    Consider a general equilibrium framework where the marginal cost of extraction from several deposits of an exhaustible resource is constant in terms of an inexhaustible perfect substitute and differs between deposits. the instantaneous rate of production ...
  • Private Storage of Common Property 

    Gaudet, Gérard; Moreaux, Michel; Salant, Stephen W. (Université de Montréal. Département de sciences économiques., 1997)
    This paper examines a characteristic of common property problems unmodeled in the published literature: Extracted common reserves are aften stored privately rather than immediately. We examine the positive and normative effects of such storage.