Optimal extraction with grade variation and endogenous reserves
This paper describes and analyzes a simple model of a competitive firm engaged in non-petroleum resource extraction. It allows for grade variation within a mineral deposit, treats as endogenous the determination of reserves and distinguishes between ore throughput and metal output. The central resul...
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Main Authors: | , |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
1984
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Online Access: | https://ink.library.smu.edu.sg/soe_research/1767 |
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Institution: | Singapore Management University |
Language: | English |