Energy, Foresight, and Strategy

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Resources for the Future, 1985 - Business & Economics - 206 pages
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In Energy, Foresight, and Strategy, Thomas Sargent and his collaborators have produced a highly rigorous treatment of 'rational expectations' theory and its application to the study of energy markets. These six essays use dynamic games to study a variety of issues important to analysts and decisionmakers in the energy field.
 

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Contents

Embargoes and Supply Shocks in a Market With
14
Oil Supply Oisruptions and the Optimal Tariff in a Oynamic
41
Inventories and QuantityConstrained Equilibria
70
LinearQuadratic Ouopoly Models of Resource Oepletion
101
A Theory
143
Index
201
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