Sequential exploitation of uncertain deposits of a depletable natural resource

DOI10.1016/0022-0531(79)90008-5zbMATH Open0413.90021OpenAlexW1998093236MaRDI QIDQ598989FDOQ598989

Authors: Arthur Robson 

Publication date: 1979

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

Full work available at URL: https://ir.lib.uwo.ca/economicsresrpt/575

zbMATH Keywords

uncertaintyresource depletionsequential exploitation

Mathematics Subject Classification ID

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

Cites Work

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• Sufficient Conditions for the Optimal Control of Nonlinear Systems
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• Splines via dynamic programming
• The Optimal Exploitation of an Unknown Reserve

Cited In (1)

• Decreasing absolute risk aversion and utility indices derived from cake- eating problems

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