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

The optimal rate of depletion of a natural resource under uncertainty

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  • Raúl Aníbal Feliz
Raúl Aníbal Feliz
Centro de Investigación y Docencia Económicas
DOI: https://doi.org/10.24201/ee.v7i2.295

Published 1992-07-01

Keywords

  • optimal extraction rate

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

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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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