IDEAS home Printed from https://ideas.repec.org/p/cor/louvco/2014052.html
   My bibliography  Save this paper

Optimal pits and optimal transportation

Author

Listed:
  • EKELAND, Iver

    (Université Paris-Dauphine)

  • QUEYRANNE, Maurice

    (Université catholique de Louvain, CORE, Belgium)

Abstract

In open pit mining, one must dig a pit, that is, excavate the upper layers of ground before reaching the ore. The walls of the pit must satisfy some geomechanical constraints, in order not to collapse. The question then arises how to mine the ore optimally, that is, how to find the optimal pit. We set up the problem in a continuous (as opposed to discrete) framework, and we show, under weak assumptions, the existence of an optimum pit. For this, we formulate an optimal transportation problem, where the criterion is lower semi-continuous and is allowed to take the value +8. We show that this transportation problem is a strong dual to the optimum pit problem, and also yields optimality (complementarity slackness) conditions.

Suggested Citation

  • EKELAND, Iver & QUEYRANNE, Maurice, 2014. "Optimal pits and optimal transportation," LIDAM Discussion Papers CORE 2014052, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  • Handle: RePEc:cor:louvco:2014052
    as

    Download full text from publisher

    File URL: https://sites.uclouvain.be/core/publications/coredp/coredp2014.html
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:dau:papers:123456789/6443 is not listed on IDEAS
    2. Ivar Ekeland, 2010. "Existence, uniqueness and efficiency of equilibrium in hedonic markets with multidimensional types," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 42(2), pages 275-315, February.
    3. Felipe Alvarez & Jorge Amaya & Andreas Griewank & Nikolai Strogies, 2011. "A continuous framework for open pit mine planning," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 73(1), pages 29-54, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Joaquín Delgado & Giovanni Wences, 2020. "A hedonic approach to the valuation of the effect of criminal violence on housing prices in Acapulco City," Empirical Economics, Springer, vol. 59(6), pages 2999-3018, December.
    2. Han, Seungjin & Yamaguchi, Shintaro, 2015. "Compensating wage differentials in stable job matching equilibrium," Journal of Economic Behavior & Organization, Elsevier, vol. 114(C), pages 36-45.
    3. Arnaud Dupuy & Alfred Galichon & Marc Henry, 2014. "Entropy Methods for Identifying Hedonic Models," Sciences Po publications info:hdl:2441/5qh5s98no08, Sciences Po.
    4. Ge, Suqin & Macieira, João, 2020. "Unobserved Worker Quality and Inter-Industry Wage Differentials," GLO Discussion Paper Series 491, Global Labor Organization (GLO).
    5. repec:hal:spmain:info:hdl:2441/4kovgv3hs883bok2tvdkibejb6 is not listed on IDEAS
    6. Decker, Colin & Lieb, Elliott H. & McCann, Robert J. & Stephens, Benjamin K., 2013. "Unique equilibria and substitution effects in a stochastic model of the marriage market," Journal of Economic Theory, Elsevier, vol. 148(2), pages 778-792.
    7. Victor Chernozhukov & Alfred Galichon & Marc Henry & Brendan Pass, 2021. "Identification of Hedonic Equilibrium and Nonseparable Simultaneous Equations," Journal of Political Economy, University of Chicago Press, vol. 129(3), pages 842-870.
    8. Mario Ghossoub & David Saunders, 2020. "On the Continuity of the Feasible Set Mapping in Optimal Transport," Papers 2009.12838, arXiv.org.
    9. Masha Maslianskaia-Pautrel, 2013. "Hedonic Model with Discrete Consumer Heterogeneity and Horizontal Differentiated Housing," CEEES Paper Series CE3S-03/13, European University at St. Petersburg, Department of Economics.
    10. Brendan Pass, 2019. "Interpolating between matching and hedonic pricing models," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(2), pages 393-419, March.
    11. Daniel McFadden, 2014. "The new science of pleasure: consumer choice behavior and the measurement of well-being," Chapters, in: Stephane Hess & Andrew Daly (ed.), Handbook of Choice Modelling, chapter 2, pages 7-48, Edward Elgar Publishing.
    12. Florian Gunsilius, 2018. "Point-identification in multivariate nonseparable triangular models," Papers 1806.09680, arXiv.org.
    13. Victor Chernozhukov & Alfred Galichon & Marc Henry & Brendan, Department Of Mathematics Pass, 2014. "Single Market Nonparametric Identification of Multi-Attribute Hedonic Equilibrium Models," Sciences Po publications info:hdl:2441/4kovgv3hs88, Sciences Po.
    14. Jélvez, Enrique & Morales, Nelson & Nancel-Penard, Pierre & Peypouquet, Juan & Reyes, Patricio, 2016. "Aggregation heuristic for the open-pit block scheduling problem," European Journal of Operational Research, Elsevier, vol. 249(3), pages 1169-1177.
    15. Jerez, Belén, 2014. "Competitive equilibrium with search frictions: A general equilibrium approach," Journal of Economic Theory, Elsevier, vol. 153(C), pages 252-286.
    16. G. Carlier & I. Ekeland, 2019. "Equilibrium in quality markets, beyond the transferable case," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(2), pages 379-391, March.
    17. Victor Chernozhukov & Pierre-André Chiappori & Marc Henry, 2010. "Introduction," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 42(2), pages 271-273, February.
    18. Adrien Blanchet & Guillaume Carlier, 2015. "Optimal transport and Cournot-Nash equilibria," Post-Print hal-00712488, HAL.
    19. Daniel L. McFadden, 2013. "The New Science of Pleasure," NBER Working Papers 18687, National Bureau of Economic Research, Inc.
    20. Brendan Pass, 2017. "Interpolating between matching and hedonic pricing models," Papers 1701.04431, arXiv.org.
    21. repec:hal:spmain:info:hdl:2441/5qh5s98no08b0p4s2sgkev0893 is not listed on IDEAS
    22. repec:hal:spmain:info:hdl:2441/5pur9qsgqa81hacarhshk7oh2p is not listed on IDEAS
    23. Dizdar, Deniz & Moldovanu, Benny, 2016. "On the importance of uniform sharing rules for efficient matching," Journal of Economic Theory, Elsevier, vol. 165(C), pages 106-123.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cor:louvco:2014052. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alain GILLIS (email available below). General contact details of provider: https://edirc.repec.org/data/coreebe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.