Introduction
Chapter
Abstract
This book addresses the complex issue of dynamic timing under uncertainty in economics. We focus our analysis on problems of invention, innovation, and exploration in the economics of nonrenewable resources.
Keywords
Resource Depletion Technological Breakthrough Pontryagin Maximum Principle Resource Stock Exploration Program
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Copyright information
© Springer-Verlag Berlin Heidelberg 1994