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The optimal production of an exhaustible resource when price is exogenous and stochastic

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Author Info
Pindyck, Robert S.

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File URL: http://hdl.handle.net/1721.1/1972
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Paper provided by Massachusetts Institute of Technology (MIT), Sloan School of Management in its series Working papers with number 1162-80..

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Date of creation: 1980
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Handle: RePEc:mit:sloanp:1972

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Keywords: HD28 .M414 no.1162-; 80;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Octavio A. F. Tourinho., 1979. "The Option Value of Reserves of Natural Resources," Research Program in Finance Working Papers 94, University of California at Berkeley.
  2. Pindyck, Robert S, 1980. "Uncertainty and Exhaustible Resource Markets," Journal of Political Economy, University of Chicago Press, vol. 88(6), pages 1203-25, December. [Downloadable!] (restricted)
  3. Salant, Stephen W, 1976. "Exhaustible Resources and Industrial Structure: A Nash-Cournot Approach to the World Oil Market," Journal of Political Economy, University of Chicago Press, vol. 84(5), pages 1079-93, October. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Emilio Cerdá & Francisco J. André, 2001. "Optimal Substitution Of Renewable And Nonrenewable Natural Resources In Production," Working Papers. Serie AD 2001-14, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
  2. Eismont Oleg & Kuralbaeva Karlygash, 1999. "Depletion of Natural Resources and Long-term Perspectives of the Russian Economy," EERC Working Paper Series 99-07e, EERC Research Network, Russia and CIS. [Downloadable!]
  3. Erwin Bulte & Joost Pennings & Wim Heijman, 1996. "Futures markets, price stabilization and efficient exploitation of exhaustible resources," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 8(3), pages 351-366, October. [Downloadable!] (restricted)
  4. Robert McDonald & Daniel R. Siegel, 1982. "Investment and the Valuation of Firms When There is an Option to Shut Down," Discussion Papers 529S, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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