Solving the Hotelling Model in Feedback Form

We give a characterization, in feedback form, of the optimal extraction path of an exhaustible resource, which holds for a large class of models.

Year of publication:	2011
Authors:	ROUILLON, Sébastien
Institutions:	Groupe de Recherche en Économie Théorique et Appliquée (GREThA), Université de Bordeaux
Subject:	Hotelling rule \| exhaustible resource \| dynamic programming

freely available

Full text |

More access options

Extent:	application/pdf
Series:	Cahiers du GREThA.
Type of publication:	Book / Working Paper
Language:	English
Classification:	Q30 - Nonrenewable Resources and Conservation. General ; C61 - Optimization Techniques; Programming Models; Dynamic Analysis
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009132506