Emory University
Department of Economics
Working Papers




Title: Discontinuous Extraction of a Nonrenewable Resource
Number: 04-06
Author: Eric Iksoon Im, Ujjayant Chakravorty and James Roumasset
Issue Date: June 2004
Abstract: This paper examines the optimal extraction sequence of nonrenewable resources in the
presence of multiple demands. We provide conditions under which extraction of a
nonrenewable resource may be discontinuous over the course of its depletion.

Click on the paper title to download the paper and the figure.

You may view the paper in the following formats:

The paper is in PDF format. Click here to download Adobe Acrobat Reader .

Links to
    Economics Department Home Page
    Emory University Home Page