Imagen de Portada

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 expropr...

Descripción completa

Detalles Bibliográficos
Autor Principal: Rodríguez Acosta, Mauricio
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: Elsevier B.V. 2018
Materias:
Economics
Natural resources management
Societies and institutions
Capacity constraints
Depletion
Dynamic management
Endogenous capacities
Extraction capacity
Non-renewable resource
Property right
Resource management
Extraction
Extraction method
Investment
Nonrenewable resource
Property rights
Resource depletion
Risk assessment
Cost of expropriation
Institutions
Non-renewable resources
Weak property rights
Acceso en línea:https://repository.urosario.edu.co/handle/10336/22928
https://doi.org/10.1016/j.reseneeco.2017.11.002

Internet

https://repository.urosario.edu.co/handle/10336/22928
https://doi.org/10.1016/j.reseneeco.2017.11.002

Ejemplares similares