ERIC Number: EJ673883
Record Type: CIJE
Publication Date: 2002
Reference Count: 0
The Mutual Intertemporal Benefits from Depletable Resource Use.
Journal of Economic Education, v33 n1 p69-72 Win 2002
Offers graphical proof of the proposition that the dynamically efficient allocation of a depletable, nonrenewable resource allows higher net benefits to users in both time periods than any other allocation. States that in this proof the result is more general and does not require the numerical specification of other previous models. (JEH)
Publication Type: Guides - Non-Classroom; Journal Articles; Reports - Descriptive
Education Level: N/A
Authoring Institution: N/A
Note: The Journal of Economic Education is a peer reviewed journal.