1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar

Products

Keep up to date with the latest UHERO products.

Discontinuous extraction of a nonrenewable resource

This paper examines the sequence of optimal extraction of nonrenewable resources in the presence of multiple demands. We provide conditions under which extraction of a nonrenewable resource may be discontinuous over the course of its depletion.

Published:  Im, E. I., Chakravorty, U. and Roumasset, J., 2006, Discontinuous extraction of a nonrenewable resource. Economics Letters, 90 (1), 6-11.


« view all products