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Magical Tome
- First published
- 1982
- Publisher
- University of British Columbia, Dept. of Economics
- Pages
- 27 pages
Evolution of market structure in a dominant firm model with exhaustible resources
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About this book
Examines a simple dominant firm - competitive fringe model of a resource industry where the ownership of reserves id endogenously determined. Uses this model to answer questions such as whether there are "first in" advantages in exhaustible resource industries.
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