A closed-form solution to Stollery's problem with damage in utility

DOI10.1007/S10614-010-9249-4zbMath1243.91043OpenAlexW1966200689MaRDI QIDQ429541

Andrei V. Bazhanov

Publication date: 19 June 2012

Published in: Computational Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10614-010-9249-4

zbMATH Keywords

sustainable developmentessential nonrenewable resourcepolluting economyspecial function representationuncertainties in resources policy

Mathematics Subject Classification ID

Utility theory (91B16) Special types of economic markets (including Cournot, Bertrand) (91B54)

Cites Work

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• The Alberta dilemma: optimal sharing of a water resource by an agricultural and an oil sector
• Hartwick's rule and maximin paths when the exhaustible resource has an amenity value
• On the Lambert \(w\) function
• Optimal Growth, Resource Amenities and the Preservation of Natural Environments

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