Utilization of an Exhaustible Resource: A Partial Equilibrium Approach

Mukul Majumdar

Chapter 7 in Sustainability and Resources:Theoretical Issues in Dynamic Economics, 2020, pp 157-171 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionA Model of Resource ExtractionOptimal programsComplements and Details

Keywords: Sustainability; Renewable Resources; Intergenerational Equity; Dynamic Efficiency; Extinction; Complexity; Planning Revision; Long Run Optimality; Non-Convexity; Critical Conservation Stock; Ramsey-Euler Condition; Exhaustible Resources; Optimal Extraction; Technological Choice; Wealth Fund; Water Management; Uncertainty (search for similar items in EconPapers)
JEL-codes: C01 Q01 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789811210211_0007 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789811210211_0007 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789811210211_0007

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().