Optimal shutdown decisions in resource extraction

DOI10.1016/0165-1765(88)90137-1zbMath1328.90069OpenAlexW2067872717WikidataQ126382771 ScholiaQ126382771MaRDI QIDQ900080

Gunnar Stensland, Trond E. Olsen

Publication date: 1 January 2016

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1765(88)90137-1

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Production models (90B30)

Related Items (2)

The short-run shutdown decision when output price and initial wealth are random ⋮ Mature offshore oil field development: solving a real options problem using stochastic dual dynamic integer programming

Cites Work

• Stochastic differential equations. An introduction with applications

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