Helium: Investments in the Future
AbstractThis article develops and implements a method for evaluating an exhaustible resource (helium) whose rate of production is governed by the rate of production of a second exhaustible resource (natural gas). We determine optimum future price and consumption paths, optimal production rates from various sources, and optimal storage policies for a number of scenarios. We conduct a sensitivity analysis to find which of several possible storage policies performs best for a variety of demand growth rates and discount rates.
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Bibliographic InfoArticle provided by The RAND Corporation in its journal Bell Journal of Economics.
Volume (Year): 11 (1980)
Issue (Month): 2 (Autumn)
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Web page: http://www.rje.org
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- A. M. Hughey, 1991. "Joint Natural Resources and Government Policy: Helium and Natural Gas," Eastern Economic Journal, Eastern Economic Association, vol. 17(1), pages 80-88, Jan-Mar.
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