Interactive Scenario Analysis of Exhaustible Resource Problems
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).
Volume (Year): 18 (2006)
Issue (Month): 1 ()
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References listed on IDEAS
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- Miles Cahill & George Kosicki, 2000. "Exploring Economic Models Using Excel," Southern Economic Journal, Southern Economic Association, vol. 66(3), pages 770-792, January.
- J. Wilson Mixon Jr. & Gary S. Robson, 2001. "A Microsoft Excel-based Aid for Learning Cost Estimation," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 17(Fall 2001), pages 81-84.
- R. Kim Craft, 2003. "Using Spreadsheets to Conduct Monte Carlo Experiments for Teaching Introductory Econometrics," Southern Economic Journal, Southern Economic Association, vol. 69(3), pages 726-735, January.
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