An optimal control model of oil discovery and extraction

DOI10.1016/j.amc.2010.03.075zbMath1198.91098OpenAlexW2014418643MaRDI QIDQ603081

Helmut Maurer, Willi Semmler

Publication date: 5 November 2010

Published in: Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.amc.2010.03.075

zbMATH Keywords

optimal controlnon-renewable resourcesoil discoveryoil extraction

Mathematics Subject Classification ID

Resource and cost allocation (including fair division, apportionment, etc.) (91B32) Potentials, prospecting (86A20)

Related Items

An Extended Integrated Assessment Model for Mitigation and Adaptation Policies on Climate Change

Uses Software

• AMPL
• Ipopt
• NUDOCCCS

Cites Work

• SQP-methods for solving optimal control problems with control and state constraints: Adjoint variables, sensitivity analysis and real-time control
• On the implementation of an interior-point filter line-search algorithm for large-scale nonlinear programming
• Saddle Path Stability, Fluctuations, and Indeterminacy in Economic Growth
• A Survey of the Maximum Principles for Optimal Control Problems with State Constraints