The length of optimal extraction programs when depletion affects extraction costs

DOI10.1016/0022-0531(83)90083-2MaRDI QIDQ800215zbMATH OpenOpenAlexFDO

Authors Mukesh Eswaran, Tracy R. Lewis, Stephen W. Salant

Publication date 1983

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

Full work available at URL https://doi.org/10.1016/0022-0531(83)90083-2

zbMATH Keywords

finite choke priceoptimal extraction

Mathematics Subject Classification ID

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

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• scientific article; zbMATH DE number 4176798 (Why is no real title available?)
• The expected lifetime of an extraction project.
• An optimal extraction problem with price impact
• A note on nonrenewable resource extraction under discontinuous price policy
• Optimal shutdown decisions in resource extraction
• On optimal extraction under asymmetric information over reclamation costs
• Price Deregulation and the Production of Depletable Resources
• Cycles in nonrenewable resource prices with pollution and learning-by-doing
• Existence and transversality conditions for a general `unbounded-horizon' model of the mining firm
• Steady-state properties in a class of dynamic models

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