Interactive Scenario Analysis of Exhaustible Resource Problems

Arthur Caplan and John Gilbert

Computers in Higher Education Economics Review, 2006, vol. 18, issue 1, 4-9

Abstract: We provide several interactive models that can be used in an intermediate- or graduate-level, natural-resource economics course to numerically solve a host of exhaustible-resource problems, and thereby help to verify the intuition and symbolic solutions typically provided in textbooks. Examples are drawn from Tietenberg (2006).

Date: 2006
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