Homo Economicus: Rare earth profiling

Dominique Trual Molintas, Tchaika Eliah Runas, Yanni Eliah Runas and Tamiya Runas

MPRA Paper from University Library of Munich, Germany

Abstract: This paper discourses the IMF graph on monthly tin prices between May 2008 and May 2013, indicative of a high volatility on price, typical of rare earth metals. The sharp increases and steep decline on monthly prices, state the absence of equilibrium or stability between the supply side and the demand side. For that reason, price fluctuation is correlated to the oligopolistic market behaviour characterised of the World metals industry, dominated by a handful of suppliers having apparent control on pricing movements.

Keywords: homo economicus; rare earth; econ profiling; game theory; nash equilibrium (search for similar items in EconPapers)
JEL-codes: Q32 Q34 Q37 Q38 (search for similar items in EconPapers)
Date: 2013-10-15, Revised 2021-10-15
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:110203

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