On maximin value and policy functions in an exhaustible resource model

DOI10.1111/IJET.12051MaRDI QIDQ4584742zbMATH OpenOpenAlexFDO

Authors Tapan Mitra

Publication date 4 September 2018

Published in International Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1111/ijet.12051

zbMATH Keywords

efficiencyexhaustible resourceHartwick's rulemaximinpolicy functionuniquenessvalue function

Mathematics Subject Classification ID

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

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Cited in

(1)

• Hartwick's rule and maximin paths when the exhaustible resource has an amenity value

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