Empirical testing of a risk-adjusted Hotelling model
Article Abstract:
The Generalized Method of Moments establishes the applicability of the risk-adjusted Hotelling model used to determine the optimal depletion of a finite resource. This particular model manipulates the standard delta by lambda over lambda equals rho equation to integrate initial, risk-free stocks, the homogenous capital-consumption good and the exhaustible supply in a two-period competitive economy. However, used in industry-level extraction costs, the results are imperfect and problem-laden. These problems are mainly due to inadequate data and other inherent limitations of the model used.
Publication Name: Resource and Energy Economics
Subject: Petroleum, energy and mining industries
ISSN: 0928-7655
Year: 1996
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Standard business procedures
Article Abstract:
The objectives of the American National Standards Institute (ANSI) should be fully supported by the electric power industry to assure that the industry's interests are well-represented in the international market. ANSI's declining membership should be staved off because it is crucial for the industry as a whole to participate in the international standards developing process. Active participation is one way of coordinating the industry's responses and making its voice heard in the global economy.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 1999
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Testing the OSHA ergonomics standard
Article Abstract:
A review of the Occupational Safety and Health Administration's proposed Ergonomics Program Standard is presented.
Publication Name: Electric Perspectives
Subject: Petroleum, energy and mining industries
ISSN: 0364-474X
Year: 2000
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