A Martingale Characterization of the Price of a Nonrenewable Resource with Decisions Involving Uncertainty
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|Date of creation:||Jul 1983|
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255, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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- Stanley R. Pliska, 1982. "Duality Theory for Some Stochastic Control Models," Discussion Papers 530, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- 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.
- J. MacQueen, 1964. "A Problem in Making Resources Last," Management Science, INFORMS, vol. 11(2), pages 341-347, November.
- Cropper, M. L., 1976. "Regulating activities with catastrophic environmental effects," Journal of Environmental Economics and Management, Elsevier, vol. 3(1), pages 1-15, June.
- Dasgupta, Partha & Stiglitz, Joseph, 1981. "Resource Depletion under Technological Uncertainty," Econometrica, Econometric Society, vol. 49(1), pages 85-104, January.
- Pindyck, Robert S, 1980. "Uncertainty and Exhaustible Resource Markets," Journal of Political Economy, University of Chicago Press, vol. 88(6), pages 1203-1225, December.
- 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.
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