Seeing is Believing: Simulating Resource-Extraction Problems with GAMS IDE and Microsoft Excel in an Intermediate-Level Natural-Resource Economics Course

Arthur Caplan

No 2004-10, Working Papers from Utah State University, Department of Economics

Abstract: AIn this paper we provide several GAMS- and Excel-based resource-extraction models that can be used in an intermediate-level natural-resource economics course to numerically solve a host of exhaustible- and replenishable-resource problems, and thereby help verify the intuition and symbolic solutions provided in the textbook. The specific textbook from which the examples are drawn is Tietenberg (2003).

JEL-codes: A22 C63 Q22 Q23 Q32 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2004-05
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Citations: View citations in EconPapers (2)

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https://repec.bus.usu.edu/RePEc/usu/pdf/ERI2004-10.pdf First version, 2004 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:usu:wpaper:2004-10

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