Salas, V. & Whinston, A.B. (1976). Second Best Energy Policies. IIASA Research Memorandum. IIASA, Laxenburg, Austria: RM-76-016
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Abstract
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) |
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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 |
URI: | https://pure.iiasa.ac.at/668 |
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