On Optimal Depletion of Exhaustible Resources: Existence and Characterization Results

DOI10.2307/1912816zbMath0467.90019OpenAlexW1990063525MaRDI QIDQ3920960

Tapan Mitra

Publication date: 1980

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1912816

zbMATH Keywords

asymptotic propertiesdynamic optimizationexistence of optimal programsintertemporal allocationexhaustible resourceoptimal depletioncompetitive programoptimal investment patternproduced goodutility maximizing planner

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Dynamic programming (90C39) Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

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