On an Optimal Price Model of Mineral Resources Exploitation
WANG Ling
ZHOU Qiang
LI Kaihong
XIAO Haijun
Abstract:A new model for the optimal mineral resources value has been established which takes the ac -tivities of both producer surplus and consumer surplus into consideration .The procedure of obtaining the differential solution of the model is described .Three results have been obtained:First,the producer sur-plus is not possible to achieve the maximum if the consumer surplus under a certain level .Second , under a certain producer surplus , the largest consumer surplus can be achieved .Finally, a relationship of both the remainder of the two common and their different preferences was built .
Keywords:hotelling rulemineral resourcedynamic assessment
Publication Date:2014-01-01
Online Publishing Date:2025-08-15(First online date of this platform, not the publication date of the document)
Pages:5( 162-165,169 )
