Resource management under endogenous risk of expropriation

"This paper explores how the dynamic management of a non-renewable resource is affected by an endogenous (i.e., mitigable) risk of expropriation. The time at risk increases with the value of the resource in the ground and decreases with the cost of expropriating the resource. When the risk of e...

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Detalles Bibliográficos
Autor Principal: Rodriguez Acosta M.
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: Elsevier B.V. 2018
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/22928
https://doi.org/10.1016/j.reseneeco.2017.11.002