AMIGUES, Jean-Pierre; GAUDET, Gérard; MOREAUX, Michel - In: Annales d'Economie et de Statistique (1995) 39, pp. 107-121
We study the optimal valuation of semi-renewable resources, like groundwater, under different assumptions as to the evolution of the population. When the population is either constant or decreasing, valuations of flow and stock resources are identical. With an increasing population however, an...