NUMERICAL ANALYSIS AND SIMULATION OF RESOURCE-EXPLORATION MODELS

DOI10.1111/J.1939-7445.2005.TB00158.XzbMath1160.91390OpenAlexW1970272830MaRDI QIDQ3367183

Ben G. Fitzpatrick

Publication date: 23 January 2006

Published in: Natural Resource Modeling (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/j.1939-7445.2005.tb00158.x

Mathematics Subject Classification ID

Stochastic models in economics (91B70) Optimal stochastic control (93E20) Numerical analysis or methods applied to Markov chains (65C40) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Cites Work

• Unnamed Item
• Probability methods for approximations in stochastic control and for elliptic equations
• Optimal control of a one-dimensional storage process
• Optimal exploration for and exploitation of heterogeneous mineral deposits
• Extraction capacity and the optimal order of extraction.
• Optimal consumption and exploration: A case study in piecewise-deterministic Markov modelling
• Uncertainty in the Theory of Renewable Resource Markets
• Optimal Consumption and Exploration of Nonrenewable Resources under Uncertainty

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