Information, Option, and Existence Value
| dc.creator | Conrad, Jon M. | |
| dc.date | 2017-04-01T14:01:35Z | |
| dc.date.accessioned | 2026-07-09T08:24:19Z | |
| dc.description | An intergenerational model of resource development is constructed to examine the concepts of option and existence value. These concepts are seen to relate to a more fundamental concept: the expected value of perfect information. The analysis would suggest that when sequencing irreversible resource developments both uncertainty and the expected value of information should be considered. | |
| dc.identifier | doi:10.22004/ag.econ.183703 | |
| dc.identifier | https://ageconsearch.umn.edu/record/183703/files/Cornell-Dyson-sp7915.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/183703 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/598723 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/183703 | |
| dc.title | Information, Option, and Existence Value | |
| dc.type | Text |