Numerical Solutions for Maximum Sustainable Consumption Growth with a Multi-Grade Exhaustible Resource

DOI10.1137/0901008zbMath0453.90025OpenAlexW2058547158MaRDI QIDQ3901263

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Publication date: 1980

Published in: SIAM Journal on Scientific and Statistical Computing (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1137/0901008

zbMATH Keywords

nonlinear boundary value problemcollocationnumerical solutionsoptimal economic growthsemi-infinite domainresource depletionmaximum sustainable consumption growthmulti-grade exhaustible resourceswitch joints

Mathematics Subject Classification ID

Spectral, collocation and related methods for boundary value problems involving PDEs (65N35) Nonlinear boundary value problems for ordinary differential equations (34B15) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Numerical solution of boundary value problems involving ordinary differential equations (65L10)

Related Items (1)

Constant Sustainable Consumption Rate in Optimal Growth with Exhaustible Resources

Uses Software

• COLSYS

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