| dc.contributor.author | Adelman, Morris Albert | en_US |
| dc.contributor.author | Watkins, G. C. | en_US |
| dc.date.accessioned | 2009-12-15T23:56:47Z | |
| dc.date.available | 2009-12-15T23:56:47Z | |
| dc.date.issued | 1992 | en_US |
| dc.identifier | 92004 | en_US |
| dc.identifier.uri | http://hdl.handle.net/1721.1/50175 | |
| dc.description.abstract | The Hotelling Valuation Principle, that the in-situ value of a mineral unit equals the current net price, is a special case of a more general relation. Tested against a set of recent Canadian sales of oil and gas reserves, the HVP is strongly rejected. The method permits also a demonstration that price expectations were quite different in oil and in gas, confirming industry opinion. | en_US |
| dc.format.extent | 12 p | en_US |
| dc.publisher | MIT Center for Energy and Environmental Policy Research | en_US |
| dc.relation.ispartofseries | Working paper (Massachusetts Institute of Technology. Center for Energy Policy Research) ; MIT-CEPR 92-004. | en_US |
| dc.title | Reserve asset values and the "hotelling valuation principle" | en_US |
| dc.type | Working Paper | en_US |
| dc.identifier.oclc | 28596223 | en_US |
