The testable implications of a capital-accumulating, price-taking, vertically integrated, non-renewable resource extracting model of the firm
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Publication:3056987
DOI10.1002/OCA.872zbMath1200.91233OpenAlexW1969791506MaRDI QIDQ3056987
Publication date: 24 November 2010
Published in: Optimal Control Applications and Methods (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1002/oca.872
Applications of optimal control and differential games (49N90) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Duality theory (optimization) (49N15)
Cites Work
- How to do comparative dynamics on the back of an envelope in optimal control theory
- Existence of a universal comparative statics matrix for differentiable optimization problems
- The comparative dynamics of closed-loop controls for discounted infinite horizon optimal control problems
- Costate variables correctly value stocks at each instant
- Duality Theory and Functional Forms for Dynamic Factor Demands
- Foundations of Dynamic Economic Analysis
- A COMPLETE THEORY OF COMPARATIVE STATICS FOR DIFFERENTIABLE OPTIMIZATION PROBLEMS
- A microeconometric test of the theory of exhaustible resources
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