Solving the Hotelling Model in Feedback Form

Sébastien Rouillon

Cahiers du GREThA (2007-2019) from Groupe de Recherche en Economie Théorique et Appliquée (GREThA)

Abstract: We give a characterization, in feedback form, of the optimal extraction path of an exhaustible resource, which holds for a large class of models.

Keywords: Hotelling rule; exhaustible resource; dynamic programming (search for similar items in EconPapers)
JEL-codes: C61 Q30 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-dge and nep-env
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http://cahiersdugretha.u-bordeaux.fr/2011/2011-19.pdf (application/pdf)

Related works:
Working Paper: Solving the hotelling model in feedback form (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:grt:wpegrt:2011-19

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