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Interactive Scenario Analysis of Exhaustible Resource Problems

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Author Info

  • Arthur Caplan

    ()
    (Utah State University)

  • John Gilbert

    ()
    (Utah State University)

Abstract

We provide several interactive models that can be used in an intermediate- or graduate-level, natural-resource economics course to numerically solve a host of exhaustible-resource problems, and thereby help to verify the intuition and symbolic solutions typically provided in textbooks. Examples are drawn from Tietenberg (2006).

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File URL: http://www.economicsnetwork.ac.uk/cheer/ch18/gilbert.pdf
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Bibliographic Info

Article provided by Economics Network, University of Bristol in its journal Computers in Higher Education Economics Review.

Volume (Year): 18 (2006)
Issue (Month): 1 ()
Pages: 4-9

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Handle: RePEc:che:chepap:v:18:y:2006:i:1:p:4-9

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Postal: University of Bristol, BS8 1HH, United Kingdom
Fax: +44(0)117 331 4396
Web page: http://www.economicsnetwork.ac.uk/cheer

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