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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. 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.
  2. 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.
  3. 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.
  4. M. L. Weitzman, 1975. "The Optimal Development of Resource Pools," Working papers 147, Massachusetts Institute of Technology (MIT), Department of Economics.
  5. 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.
  6. 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.
  7. Devarajan, Shantayanan & Fisher, Anthony C, 1982. "Exploration and Scarcity," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1279-90, December.
  8. 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.
  9. Pindyck, Robert S, 1980. "Uncertainty and Exhaustible Resource Markets," Journal of Political Economy, University of Chicago Press, vol. 88(6), pages 1203-25, December.
  10. 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.
  11. M. L. Weitzman, 1974. "On the Welfare Significance of National Product in Dynamic Economy," Working papers 125, Massachusetts Institute of Technology (MIT), Department of Economics.
  12. Hartwick, John M., 1990. "Natural resources, national accounting and economic depreciation," Journal of Public Economics, Elsevier, vol. 43(3), pages 291-304, December.
  13. Quyen, N V, 1991. "Exhaustible Resources: A Theory of Exploration," Review of Economic Studies, Wiley Blackwell, vol. 58(4), pages 777-89, July.
  14. 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.
  15. 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.
  16. 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.
  17. 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.
  18. Trocki, Linda K., 1990. "The role of exploration in iron and copper supply," Resources and Energy, Elsevier, vol. 12(4), pages 321-338, December.
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