With Timing Options and Heterogeneous Costs, the Lognormal Diffusion is Hardly an Equilibrium Price Process for Exhaustible Resources

Diderik Lund

Memorandum from Oslo University, Department of Economics

Keywords: prices; financial market; economic equilibrium (search for similar items in EconPapers)
Pages: 13 pages
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:osloec:1992_003

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