Optimal resource extraction with uncertain reserves

DOI<link itemprop=identifier href="https://doi.org/10.1002/1520-6750(199203)39:2<153::AID-NAV3220390203>3.0.CO;2-8" /><153::AID-NAV3220390203>3.0.CO;2-8 10.1002/1520-6750(199203)39:2<153::AID-NAV3220390203>3.0.CO;2-8zbMath0760.90019OpenAlexW2025170319MaRDI QIDQ3993984

Lawrence D. Stone, Robert J. Lipshutz

Publication date: 13 August 1992

Full work available at URL: https://doi.org/10.1002/1520-6750(199203)39:2<153::aid-nav3220390203>3.0.co;2-8

zbMATH Keywords

natural resourceoptimal extraction policydiscrete time and continuous time versionsuncertain reserves

Mathematics Subject Classification ID

Dynamic programming in optimal control and differential games (49L20) Application models in control theory (93C95) Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Computational methods for problems pertaining to operations research and mathematical programming (90-08)

Cites Work

• Dynamic optimization and mathematical economics
• Unnamed Item

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