The optimal rate of depletion of a natural resource under uncertainty

Authors

  • Raúl Aníbal Feliz Centro de Investigación y Docencia Económicas

DOI:

https://doi.org/10.24201/ee.v7i2.295

Keywords:

optimal extraction rate

Abstract

The objective of this short paper is to derive the optimal rate of depletion of a non-renewable natural resource by a monopolist under uncertainty conditions on the evolution of the reserve stock of that natural resource.

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Published

1992-07-01

How to Cite

Aníbal Feliz, R. (1992). The optimal rate of depletion of a natural resource under uncertainty. Estudios Económicos De El Colegio De México, 7(2), 265–269. https://doi.org/10.24201/ee.v7i2.295

Issue

14-vol. 7, no. 2, july-december, 1992

Section

Articles