Optimal Consumption and Exploration of Nonrenewable Resources under Uncertainty

• 1 January 1980
• journal article
• Published by JSTOR in Econometrica
• Vol. 48  (1) , 177
• https://doi.org/10.2307/1912024

Abstract

Keywords

• OPTIMAL CONSUMPTION
• NONRENEWABLE RESOURCES
• RESOURCES UNDER UNCERTAINTY
• EXPLORATION OF NONRENEWABLE