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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- 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.
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- Deshmukh, Sudhakar D & Pliska, Stanley R, 1983. "Optimal Consumption of a Nonrenewable Resource with Stochastic Discoveries and a Random Environment," Review of Economic Studies, Wiley Blackwell, vol. 50(3), pages 543-54, July.
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- Devarajan, Shantayanan & Fisher, Anthony C, 1981. "Hotelling's "Economics of Exhaustible Resources": Fifty Years Later," Journal of Economic Literature, American Economic Association, vol. 19(1), pages 65-73, March.
- Glenn C. Loury, 1977.
"The Optimal Exploitation of an Unknown Reserve,"
255, 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.
- 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 1203-25, December.
- Cropper, M. L., 1976. "Regulating activities with catastrophic environmental effects," Journal of Environmental Economics and Management, Elsevier, vol. 3(1), pages 1-15, June.
- Gilbert, Richard J, 1979. "Optimal Depletion of an Uncertain Stock," Review of Economic Studies, Wiley Blackwell, vol. 46(1), pages 47-57, January.
- 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.
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