Homo Economicus: Rare earth profiling

Molintas, Dominique Trual and Runas, Tchaika Eliah and Runas, Yanni Eliah and Runas, Tamiya (2013): Homo Economicus: Rare earth profiling. Published in:

Abstract

This paper discourses the IMF graph on monthly tin prices between May 2008 and May 2013, indicative of a high volatility on price, typical of rare earth metals. The sharp increases and steep decline on monthly prices, state the absence of equilibrium or stability between the supply side and the demand side. For that reason, price fluctuation is correlated to the oligopolistic market behaviour characterised of the World metals industry, dominated by a handful of suppliers having apparent control on pricing movements.

• Item Type: MPRA Paper
• Language: English
• Keywords: homo economicus, rare earth, econ profiling, game theory, nash equilibrium
• Subjects: Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q3 - Nonrenewable Resources and Conservation > Q32 - Exhaustible Resources and Economic Development; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q3 - Nonrenewable Resources and Conservation > Q34 - Natural Resources and Domestic and International Conflicts; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q3 - Nonrenewable Resources and Conservation > Q37 - Issues in International Trade; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q3 - Nonrenewable Resources and Conservation > Q38 - Government Policy

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