The present paper analyzes cropping of a self-reproducible natural resource under competitive conditions. Situations which may lead to extermination of the resource are described. In particular, it is shown that a production function with increasing returns to scale does not exclude the possibility of extermination, as suggested in [1].
MLA
Hoel, Michael. “Extermination of Self-Reproducible Natural Resources under Competitive Conditions.” Econometrica, vol. 46, .no 1, Econometric Society, 1978, pp. 219-224, https://www.jstor.org/stable/1913658
Chicago
Hoel, Michael. “Extermination of Self-Reproducible Natural Resources under Competitive Conditions.” Econometrica, 46, .no 1, (Econometric Society: 1978), 219-224. https://www.jstor.org/stable/1913658
APA
Hoel, M. (1978). Extermination of Self-Reproducible Natural Resources under Competitive Conditions. Econometrica, 46(1), 219-224. https://www.jstor.org/stable/1913658
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