STOCK UNCERTAINTY IN RENEWABLE RESOURCE THEORY: THE EXPLOITATION OF AQUIFERS OF UNKNOWN SIZE

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dc.creatorTsur, Yacov
dc.date2017-04-01T14:01:14Z
dc.date.accessioned2026-07-09T03:10:09Z
dc.descriptionThe theory of stock uncertainty in the utilization of exhaustible resources is extended to renewable groundwater resources. A complete characterization of the exploitation process is presented, paying special attention to the formulation of the trasversality conditions. Exploration activities are incorporated and fit smoothly within the framework of analysis. Extensions to other renewable situations are outlined.
dc.identifierdoi:10.22004/ag.econ.14208
dc.identifierhttps://ageconsearch.umn.edu/record/14208/files/p92-02.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/14208
dc.identifier.urihttp://hdl.handle.net/123456789/527744
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/14208
dc.titleSTOCK UNCERTAINTY IN RENEWABLE RESOURCE THEORY: THE EXPLOITATION OF AQUIFERS OF UNKNOWN SIZE
dc.typeText

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University of Minnesota