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Optimal Consumption and Exploration of Nonrenewable Resources under Uncertainty · Study

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ArticleOptimal Consumption and Exploration of Nonrenewable Resources under Uncertainty

Sudhakar D. Deshmukh1980

Article1980

Optimal Consumption and Exploration of Nonrenewable Resources under Uncertainty

Sudhakar D. Deshmukh · Stanley R. Pliska

89 citations·0/0 files stored·Econometrica

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Capital Investment and Risk Analysis Economic theories and models Natural Resources and Economic Development

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2017Fracking, Renewables, and Mean Field Games 2023A Mean Field Games Model for Cryptocurrency Mining 2003Optimal consumption and the timing of the resolution of uncertainty 1985A martingale characterization of the price of a nonrenewable resource with decisions involving uncertainty 1991Exhaustible Resources: A Theory of Exploration 1989Information and exhaustible resources: A Bayesian analysis 2004Piecewise Deterministic Markov Control Processes with Feedback Controls and Unbounded Costs 1988The Optimal Depletion and Exploration of a Nonrenewable Resource

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Year1980

Typearticle

Published1980-01-01

VenueEconometrica

ISSN-L0012-9682

Languageen

Citations89

Files0 public / 0

ShelfCapital Investment and Risk Analysis

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doi10.2307/1912024

openalex_workW2090455272

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