Construct · 1 fields · 1 citations

hotelling rule: a standalone construct

One name. One construct. A landmark on the map.

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Environmental economics

the condition that the net price of an exhaustible resource rises at the rate of interest along an efficient extraction path.

In environmental economics, hotelling rule refers to the condition that the net price of an exhaustible resource rises at the rate of interest along an efficient extraction path. This meaning comes from Hotelling (1931) in Journal of Political Economy.[1]

Unit
Recovery means
Measured by

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Nearby constructs

depletion3 fields · 4 citationsjingle · one word, three constructs mine2 fields · 2 citationsjingle · one word, two constructs condition2 fields · 2 citationsjingle · one word, two constructs

References

Hotelling, H. (1931). The Economics of Exhaustible Resources. Journal of Political Economy, 39(2), 137-175. https://doi.org/10.1086/254195

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