ON HYPERBOLIC TIME DISCOUNTING IN EXHAUSTIBLE RESOURCE MODELS: AN APPLICATION TO WORLD OIL RESOURCES

DOI10.1111/J.1939-7445.2006.TB00182.XzbMATH Open1159.91457OpenAlexW2138032543MaRDI QIDQ3616631FDOQ3616631

Authors: John Rowse 

Publication date: 26 March 2009

Published in: Natural Resource Modeling (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/j.1939-7445.2006.tb00182.x

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Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Cites Work

• Discounting the distant future: How much do uncertain rates increase valuations?
• COMPUTING OPTIMAL ALLOCATIONS FOR DISCRETE‐TIME NONLINEAR NATURAL RESOURCE MODELS

Cited In (2)

• A new argument in favor of hyperbolic discounting in very long term project appraisal
• Railroad discounting

Uses Software

• GAMS

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