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The Optimal Exploitation of an Unknown Reserve

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Glenn C. Loury

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Paper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number 255.

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Date of creation: Aug 1977
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Handle: RePEc:nwu:cmsems:255

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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. Weinstein, Milton C & Zeckhauser, Richard J, 1975. "The Optimal Consumption of Depletable Natural Resources," The Quarterly Journal of Economics, MIT Press, vol. 89(3), pages 371-92, August. [Downloadable!] (restricted)
  2. Gilbert, Richard J, 1979. "Optimal Depletion of an Uncertain Stock," Review of Economic Studies, Blackwell Publishing, vol. 46(1), pages 47-57, January. [Downloadable!] (restricted)
  3. Diamond, Peter A. & Stiglitz, Joseph E., 1974. "Increases in risk and in risk aversion," Journal of Economic Theory, Elsevier, vol. 8(3), pages 337-360, July. [Downloadable!] (restricted)
  4. Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September. [Downloadable!] (restricted)
  5. Weitzman, Martin L, 1976. "On the Welfare Significance of National Product in a Dynamic Economy," The Quarterly Journal of Economics, MIT Press, vol. 90(1), pages 156-62, February. [Downloadable!] (restricted)
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(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. Sudhakar D. Deshmukh & Stanley R. Pliskaf, 1983. "A Martingale Characterization of the Price of a Nonrenewable Resource with Decisions Involving Uncertainty," Discussion Papers 565, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
  2. Petter Vegard Hansen, 2007. "Inflow Uncertainty in Hydropower Markets," Discussion Papers 520, Research Department of Statistics Norway. [Downloadable!]
  3. Michael Toman & Karen Palmer, 1997. "How should an accumulative toxic substance be banned?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 9(1), pages 83-102, January. [Downloadable!] (restricted)
  4. Fischer, Carolyn, 1999. "Read This Paper Later: Procrastination with Time-Consistent Preferences," Discussion Papers dp-99-19, Resources For the Future. [Downloadable!]
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  5. Sudhakar D. Deshmukh & Stanley R. Pliska, 1981. "Optimal Consumption of A Nonrenewable Resource with Stochastic Discoveries and a Random Environment," Discussion Papers 500, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
  6. Murray C. Kemp & Ngo Van Long, 2007. "Extracting Several Resource Deposits of Unknown Size: Optimal Order," CIRANO Working Papers 2007s-10, CIRANO. [Downloadable!]
  7. Sudhakar D. Deshmukh & Stanley R. Pliska, 1981. "Natural Energy Resource Decisions and Prices Involving Incertainty," Discussion Papers 499, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
  8. Lewis, Tracy R. & Schmalensee, Richard., 1979. "On oligopolistic markets for nonrenewable natural resources," Working papers 1052-79., Massachusetts Institute of Technology (MIT), Sloan School of Management. [Downloadable!]
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  9. Felipe Montt, 1982. "Un Modelo de Equilibrio Dinámico para Recursos Agotables," Cuadernos de Economía (Latin American Journal of Economics), Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 19(57), pages 217-242. [Downloadable!]
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This page was last updated on 2008-11-13.

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