Discontinuous Extraction of a Nonrenewable Resource

This paper examines the sequence of optimal extraction of nonrenewable resources in the presence of multiple demands. We provide conditions under which extraction of a nonrenewable resource may be discontinuous over the course of its depletion

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Year of publication:	2014
Authors:	Im, Eric Iksoon ; Chakravorty, Ujjayant ; Roumasset, James A.
Publisher:	[S.l.] : SSRN
Subject:	Dynamische Optimierung \| Dynamic programming \| Erschöpfbare Ressourcen \| Exhaustible resources \| Ressourcenökonomik \| Resource economics

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Extent:	1 Online-Ressource (12 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 2005 erstellt
Other identifiers:	10.2139/ssrn.734443 [DOI]
Classification:	Q3 - Nonrenewable Resources and Conservation ; Q4 - Energy
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014064537