Un Modelo de Equilibrio Dinámico para Recursos Agotables
The paper presents dynamic equilibrium models for natural resources in a stochastic Framework. The basic model considers a competitive producer that maximizes the expected present value of profits from mining a exhaustible resource and computes the ration
Volume (Year): 19 (1982)
Issue (Month): 57 ()
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- Glenn C. Loury, 1977.
"The Optimal Exploitation of an Unknown Reserve,"
255, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Stiglitz, Joseph E, 1976. "Monopoly and the Rate of Extraction of Exhaustible Resources," American Economic Review, American Economic Association, vol. 66(4), pages 655-61, September.
- Lars Peter Hansen & Thomas J. Sargent, 1979.
"Formulating and estimating dynamic linear rational expectations models,"
127, Federal Reserve Bank of Minneapolis.
- Hansen, Lars Peter & Sargent, Thomas J., 1980. "Formulating and estimating dynamic linear rational expectations models," Journal of Economic Dynamics and Control, Elsevier, vol. 2(1), pages 7-46, May.
- 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.
- Deshmukh, Sudhakar D & Pliska, Stanley R, 1980. "Optimal Consumption and Exploration of Nonrenewable Resources under Uncertainty," Econometrica, Econometric Society, vol. 48(1), pages 177-200, January.
- Lucas, Robert E, Jr, 1978. "Asset Prices in an Exchange Economy," Econometrica, Econometric Society, vol. 46(6), pages 1429-45, November.
- Lewis, Tracy R & Matthews, Steven A & Burness, H Stuart, 1979.
"Monopoly and the Rate of Extraction of Exhaustible Resources: Note,"
American Economic Review,
American Economic Association, vol. 69(1), pages 227-30, March.
- Lewis, Tracy & Matthews, Steven A. & Burness, H. Stuart., . "Monopoly and the Rate of Extraction of Exhaustible Resources: Notes," Working Papers 137, California Institute of Technology, Division of the Humanities and Social Sciences.
- Tullock, Gordon, 1979. "Monopoly and the Rate of Extraction of Exhaustible Resources: Note," American Economic Review, American Economic Association, vol. 69(1), pages 231-33, March.
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