| dc.date.accessioned | 2013-03-12T08:18:37Z | |
| dc.date.available | 2013-03-12T08:18:37Z | |
| dc.date.issued | 2001 | en_US |
| dc.date.submitted | 2010-02-19 | en_US |
| dc.identifier.uri | http://hdl.handle.net/10852/10696 | |
| dc.description.abstract | For a wide class of models concerning the optimal harvesting of a natural resource, an expected profit maximizer will not deplete the resource completely if its relative growth rate is strictly greater than the interest rate. This well-known principle is extended to preferences with durability in consumption, and which are risk averse (or linear) sufficiently close to zero, as long as immediate depletion yields finite utility. | eng |
| dc.language.iso | eng | en_US |
| dc.publisher | Matematisk Institutt, Universitetet i Oslo | |
| dc.relation.ispartof | Preprint series. Pure mathematics http://urn.nb.no/URN:NBN:no-8076 | en_US |
| dc.relation.uri | http://urn.nb.no/URN:NBN:no-8076 | |
| dc.rights | © The Author(s) (2001). This material is protected by copyright law. Without explicit authorisation, reproduction is only allowed in so far as it is permitted by law or by agreement with a collecting society. | |
| dc.title | A REMARK ON NON-DEPLETION OF A NATURAL RESOURCE UNDER INTERTEMPORAL PREFERENCES | en_US |
| dc.type | Research report | en_US |
| dc.date.updated | 2010-09-23 | en_US |
| dc.rights.holder | Copyright 2001 The Author(s) | |
| dc.creator.author | Framstad, Nils Christian | en_US |
| dc.subject.nsi | VDP::410 | en_US |
| dc.identifier.urn | URN:NBN:no-24284 | en_US |
| dc.type.document | Forskningsrapport | en_US |
| dc.identifier.duo | 99383 | en_US |
| dc.identifier.fulltext | Fulltext https://www.duo.uio.no/bitstream/handle/10852/10696/1/pm16-01.pdf | |