Second Best Energy Policies

Salas, V. & Whinston, A.B. (1976). Second Best Energy Policies. IIASA Research Memorandum. IIASA, Laxenburg, Austria: RM-76-016

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The paper considers the problem of resource allocation when factor groups attempt to obtain a share of real income which is greater than what would be imputed by classical economies. A formulation stressing the Divvy nature of the problem is given both in theoretical terms and with a framework which is susceptible to empirical estimation. Policy questions resulting from the formation of OPEC are discussed and a framework for policy analysis is given.

Item Type: Monograph (IIASA Research Memorandum)
Research Programs: System and Decision Sciences - Core (SDS)
Depositing User: IIASA Import
Date Deposited: 15 Jan 2016 01:43
Last Modified: 27 Aug 2021 17:08

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