On some aspects of survival under production uncertainty

DOI10.1007/BF01209693zbMath0863.90040MaRDI QIDQ1341441

Tapan Mitra, Santanu Roy

Publication date: 25 May 1997

Published in: Economic Theory (Search for Journal in Brave)

zbMATH Keywords

production uncertaintyexhaustible resourcedynamic model of consumption and investmentminimum consumption level

Mathematics Subject Classification ID

Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items

Theory of dynamic portfolio for survival under uncertainty ⋮ Bankruptcy and expected utility maximization

Cites Work

• Intertemporal borrowing to sustain exogenous consumption standards under uncertainty
• Evolution, learning, and economic behavior
• Satisficing
• Indefinitely sustained consumption despite exhaustible natural resources
• Linear models of economic survival under production uncertainty
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