Hotelling’s theory also helps explain the diplomatic balancing acts of Qatar and Oman, two states that have strategically placed themselves at the center of Gulf polarity.

A model is introduced for the description of natural resources price paths, which, in contrast to the existing literature, captures non-linear trends by means of a simple trigonometric function. This ...

Hotelling’s law is named after American economist Harold Hotelling who proposed it in his 1929 paper “Stability in competition”. Published - July 26, 2018 12:15 am IST.