Optimal Depletion of an Exhaustible Resource with Research and Development towards an Alternative Technology

DOI10.2307/2297350zbMath0398.90034OpenAlexW2057548426MaRDI QIDQ4182211

Robert Davison

Publication date: 1978

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2297350

zbMATH Keywords

R and DResource DepletionOptimal Policy

Mathematics Subject Classification ID

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

Related Items (3)

Resource prices and planning horizons ⋮ On R\&D timing under uncertainty. The case of exhaustible resource substitution ⋮ Optimal resource depletion: Free end time problems

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