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Optimal Exploration for and Exploitation of Heterogeneous Mineral Deposits

  • Cairns, Robert D.
  • Van Quyen, Nguyen

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File URL: http://www.sciencedirect.com/science/article/B6WJ6-45J59X4-11/2/1344bd793aa14a90fda0856a2fec1586
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Article provided by Elsevier in its journal Journal of Environmental Economics and Management.

Volume (Year): 35 (1998)
Issue (Month): 2 (March)
Pages: 164-189

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Handle: RePEc:eee:jeeman:v:35:y:1998:i:2:p:164-189
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/622870

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  1. 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.
  2. Hartwick, John M., 1991. "The non-renewable resource exploring-extracting firm and the r% rule," Resources and Energy, Elsevier, vol. 13(2), pages 129-143, June.
  3. Hartwick, John M., 1990. "Natural resources, national accounting and economic depreciation," Journal of Public Economics, Elsevier, vol. 43(3), pages 291-304, December.
  4. Cairns, Robert D., 1986. "A model of exhaustible resource exploitation with ricardian rent," Journal of Environmental Economics and Management, Elsevier, vol. 13(4), pages 313-324, December.
  5. Pindyck, Robert S, 1980. "Uncertainty and Exhaustible Resource Markets," Journal of Political Economy, University of Chicago Press, vol. 88(6), pages 1203-25, December.
  6. Trocki, Linda K., 1990. "The role of exploration in iron and copper supply," Resources and Energy, Elsevier, vol. 12(4), pages 321-338, December.
  7. David Levhari & Nissan Liviatan, 1977. "Notes on Hotelling's Economics of Exhaustible Resources," Canadian Journal of Economics, Canadian Economics Association, vol. 10(2), pages 177-92, May.
  8. Norgaard, Richard B., 1990. "Economic indicators of resource scarcity: A critical essay," Journal of Environmental Economics and Management, Elsevier, vol. 19(1), pages 19-25, July.
  9. Quyen, N V, 1991. "Exhaustible Resources: A Theory of Exploration," Review of Economic Studies, Wiley Blackwell, vol. 58(4), pages 777-89, July.
  10. Peterson, Frederick M., 1978. "A model of mining and exploring for exhaustible resources," Journal of Environmental Economics and Management, Elsevier, vol. 5(3), pages 236-251, September.
  11. Swierzbinski, Joseph E & Mendelsohn, Robert, 1989. "Exploration and Exhaustible Resources: The Microfoundations of Aggregate Models," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 30(1), pages 175-86, February.
  12. Livernois, John R & Uhler, Russell S, 1987. "Extraction Costs and the Economics of Nonrenewable Resources," Journal of Political Economy, University of Chicago Press, vol. 95(1), pages 195-203, February.
  13. M. L. Weitzman, 1975. "The Optimal Development of Resource Pools," Working papers 147, Massachusetts Institute of Technology (MIT), Department of Economics.
  14. Devarajan, Shantayanan & Fisher, Anthony C, 1982. "Exploration and Scarcity," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1279-90, December.
  15. Arrow, Kenneth J. & Chang, Sheldon, 1982. "Optimal pricing, use, and exploration of uncertain natural resource stocks," Journal of Environmental Economics and Management, Elsevier, vol. 9(1), pages 1-10, March.
  16. Solow, Robert M, 1974. "The Economics of Resources or the Resources of Economics," American Economic Review, American Economic Association, vol. 64(2), pages 1-14, May.
  17. Jeffrey A. Krautkraemer, 1988. "The Cut-Off Grade and the Theory of Extraction," Canadian Journal of Economics, Canadian Economics Association, vol. 21(1), pages 146-60, February.
  18. Adelman, M A, 1990. "Mineral Depletion, with Special Reference to Petroleum," The Review of Economics and Statistics, MIT Press, vol. 72(1), pages 1-10, February.
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