Title of article
Discontinuous extraction of a nonnewable resourcree
Author/Authors
Eric Iksoon Im، نويسنده , , Ujjayant Chakravorty، نويسنده , , James Roumasset، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
6
From page
6
To page
11
Abstract
This paper examines the sequence of optimal extraction of nonrenewable resources in the presence of multiple demands. We provide conditions under which extraction of a nonrenewable resource may be discontinuous over the course of its depletion
Keywords
Backstop technology , Dynamic optimization , Energy resources , Multiple demands , Herfindahl principle
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
435818
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