On R\&D timing under uncertainty. The case of exhaustible resource substitution

DOI10.1016/0165-1889(93)90025-NMaRDI QIDQ690185zbMATH OpenFDO

Authors N. V. Quyen, Nguyen Manh Hung

Publication date 20 December 1993

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

zbMATH Keywords

alternative technologyexhaustible resource

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Economic growth models (91B62)

Recommendations

• Dynamic timing decisions under uncertainty. Essays on invention, innovation and exploration in resource economics
• Optimal transition to backstop substitutes for nonrenewable resources
• Optimal R\&D investments of the firm
• Optimal R&D programs in a random environment
• Timing of investment under technological and revenue-related uncertainties

Cites work

• scientific article; zbMATH DE number 3476830 (Why is no real title available?)
• Invention and Innovation Under Alternative Market Structures: The Case of Natural Resources
• Market structure and resource depletion: A contribution to the theory of intertemporal monopolistic competition
• Optimal Depletion of an Exhaustible Resource with Research and Development towards an Alternative Technology
• Optimal Exhaustible Resource Depletion with Endogenous Technical Change
• Resource Depletion Under Technological Uncertainty
• Timing of Innovations Under Rivalry

Cited in

(4)

• R\&D investment under time-inconsistent preferences
• Time-cost substitutability, earlycutting threat, and innovation timing
• scientific article; zbMATH DE number 1047227 (Why is no real title available?)
• Optimal transition to backstop substitutes for nonrenewable resources

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