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Optimal Princing Use And Exploration Of Uncertain Natural Resource Stocks
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Book Synopsis Applied Economics by : Kenneth Joseph Arrow
Download or read book Applied Economics written by Kenneth Joseph Arrow and published by Harvard University Press. This book was released on 1985 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses oil imports, medical welfare, health insurance, urban economic development, job discrimination, environmental preservation, interindustry flow analysis, social responsibility, and economic efficiency.
Book Synopsis Decision and Control in Uncertain Resource Systems by : Mangel
Download or read book Decision and Control in Uncertain Resource Systems written by Mangel and published by Academic Press. This book was released on 1984-12-14 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision and Control in Uncertain Resource Systems
Book Synopsis Natural Resource Economics by : Philip A. Neher
Download or read book Natural Resource Economics written by Philip A. Neher and published by Cambridge University Press. This book was released on 1990-04-27 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applies the theory of the firm to solving problems in resource economics.
Book Synopsis Economic Theory of Natural Resources by : XY. Eichhorn
Download or read book Economic Theory of Natural Resources written by XY. Eichhorn and published by Springer Science & Business Media. This book was released on 2013-12-14 with total page 622 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Dynamic Optimization and Mathematical Economics by : Pan-Tai Liu
Download or read book Dynamic Optimization and Mathematical Economics written by Pan-Tai Liu and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: As an outgrowth of the advancement in modern control theory during the past 20 years, dynamic modeling and analysis of economic systems has become an important subject in the study of economic theory. Recent developments in dynamic utility, economic planning, and profit optimiza tion, for example, have been greatly influenced by results in optimal control, stabilization, estimation, optimization under conflicts, multi criteria optimization, control of large-scale systems, etc. The great success that has been achieved so far in utilizing modern control theory in economic systems should be attributed to the effort of control theorists as well as economists. Collaboration between the two groups of researchers has proven to be most successful in many instances; nevertheless, the gap between them has existed for some time. Whereas a control theorist frequently sets up a mathematically feasible model to obtain results that permit economic interpretations, an economist is concerned more with the fidelity of the model in representing a real world problem, and results that are obtained (through possibly less mathematical analysis) are due largely to economic insight. The papers appearing in this volume are divided into three parts. In Part I there are five papers on the application of control theory to economic planning. Part II contains five papers on exploration, exploita tion, and pricing of extractive natural resources. Finally, in Part III, some recent advances in large-scale systems and decentralized control appear.
Book Synopsis Optimal Extraction and Exploration Policies and Equilibrium Spot and Futures Prices on Nonrenewable Resources by : Mahadevan Sundaresan
Download or read book Optimal Extraction and Exploration Policies and Equilibrium Spot and Futures Prices on Nonrenewable Resources written by Mahadevan Sundaresan and published by . This book was released on 1982 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Handbook of Environmental and Resource Economics by : Jeroen C. J. M. Van den Bergh
Download or read book Handbook of Environmental and Resource Economics written by Jeroen C. J. M. Van den Bergh and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 1326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This major reference book comprises specially commissioned surveys in environmental and resource economics written by an international team of experts. Authoritative yet accessible, each entry provides a state-of-the-art summary of key areas that will be invaluable to researchers, practitioners and advanced students.
Book Synopsis Optimal Control Theory by : Suresh P. Sethi
Download or read book Optimal Control Theory written by Suresh P. Sethi and published by Springer Nature. This book was released on 2022-01-03 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new 4th edition offers an introduction to optimal control theory and its diverse applications in management science and economics. It introduces students to the concept of the maximum principle in continuous (as well as discrete) time by combining dynamic programming and Kuhn-Tucker theory. While some mathematical background is needed, the emphasis of the book is not on mathematical rigor, but on modeling realistic situations encountered in business and economics. It applies optimal control theory to the functional areas of management including finance, production and marketing, as well as the economics of growth and of natural resources. In addition, it features material on stochastic Nash and Stackelberg differential games and an adverse selection model in the principal-agent framework. Exercises are included in each chapter, while the answers to selected exercises help deepen readers’ understanding of the material covered. Also included are appendices of supplementary material on the solution of differential equations, the calculus of variations and its ties to the maximum principle, and special topics including the Kalman filter, certainty equivalence, singular control, a global saddle point theorem, Sethi-Skiba points, and distributed parameter systems. Optimal control methods are used to determine optimal ways to control a dynamic system. The theoretical work in this field serves as the foundation for the book, in which the author applies it to business management problems developed from his own research and classroom instruction. The new edition has been refined and updated, making it a valuable resource for graduate courses on applied optimal control theory, but also for financial and industrial engineers, economists, and operational researchers interested in applying dynamic optimization in their fields.
Download or read book Technical Abstract Bulletin written by and published by . This book was released on 1979 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Shifting Commodity Markets in a Globalized World by : Mr.Rabah Arezki
Download or read book Shifting Commodity Markets in a Globalized World written by Mr.Rabah Arezki and published by International Monetary Fund. This book was released on 2017-12-01 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: A survey of the complex and intertwined set of forces behind the various commodity markets and the interplay between these markets and the global economy. Summarizes a rich set of facts combined with in-depth analyses distillated in a nontechnical manner. Includes discussion of structural trends behind commodities markets, their future implications, and policy implications.
Author :International Monetary Fund. Research Dept. Publisher :International Monetary Fund ISBN 13 :1475592116 Total Pages :258 pages Book Rating :4.4/5 (755 download)
Book Synopsis World Economic Outlook, April 2017 by : International Monetary Fund. Research Dept.
Download or read book World Economic Outlook, April 2017 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2017-04-18 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade, according to Chapter 1 of this World Economic Outlook. World growth is expected to rise from 3.1 percent in 2016 to 3.5 percent in 2017 and 3.6 percent in 2018. Stronger activity, expectations of more robust global demand, reduced deflationary pressures, and optimistic financial markets are all upside developments. But structural impediments to a stronger recovery and a balance of risks that remains tilted to the downside, especially over the medium term, remain important challenges. Chapter 2 examines how changes in external conditions may affect the pace of income convergence between advanced and emerging market and developing economies. Chapter 3 looks at the declining share of income that goes to labor, including the root causes and how the trend affects inequality. Overall, this report stresses the need for credible strategies in advanced economies and in those whose markets are emerging and developing to tackle a number of common challenges in an integrated global economy.
Book Synopsis Companion to Contemporary Economic Thought by : Michael Bleaney
Download or read book Companion to Contemporary Economic Thought written by Michael Bleaney and published by Routledge. This book was released on 1992-01-09 with total page 947 pages. Available in PDF, EPUB and Kindle. Book excerpt: * 41 in-depth essays cover current economic theory and applied economics in a single, comprehensive volume * Interfaces section considers economics as it relates to other disciplines * Extensive notes, bibliographies and suggestions for further reading; detailed index of Topics and People `A treasure-house of stimulating argument and vast amounts of, mostly, well marshalled information. The market for general survey volumes, while already crowded, should surely find room for this offering.' - The World Economy `The work under review scores very high marks.' - The Economic Journal `The chapters are written by people who are excellently qualified and frequently well-known in their field ... The book's strengths lie in the range of contributors, the very high quality of most of the contributors and its emphasis on applied economics. For these reasons alone it is an important book, which will be invaluable both to students and to economists wishing to learn about developments in other branches of their discipline.' - Economica
Book Synopsis Journal of Information & Optimization Sciences by :
Download or read book Journal of Information & Optimization Sciences written by and published by . This book was released on 1986 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Energy Abstracts for Policy Analysis by :
Download or read book Energy Abstracts for Policy Analysis written by and published by . This book was released on 1987 with total page 762 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Resource Economics by : Jon M. Conrad
Download or read book Resource Economics written by Jon M. Conrad and published by Cambridge University Press. This book was released on 2010-06-14 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: A text for students with a background in calculus and intermediate microeconomics and a familiarity with the spreadsheet software Excel.
Book Synopsis Energy Analysis and Policy by : Mohan Munasinghe
Download or read book Energy Analysis and Policy written by Mohan Munasinghe and published by Butterworth-Heinemann. This book was released on 2013-10-22 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Energy Analysis and Policy: Selected Works discusses the major aspect of electricity economics, including pricing, demand forecasting, investment analysis, and system reliability. This book provides a clear and comprehensive overview of the diversity of problems in analyzing energy markets and designing sound energy policies. Organized into 14 chapters, this book first discusses the energy economics in developing countries; integrated national energy planning (INEP) in developing countries; energy pricing; practical application of INEP using microcomputers; and energy strategies for oil-importing developing countries. Subsequent chapters describe the energy demand management and conservation; national energy policy implementation; energy demand analysis and forecasting; and energy project evaluation and planning. Other chapters explore non-conventional energy project analysis and national energy policy; rural energy issues and supply options; and bioenergy management policy. Rural-industrial energy and fossil fuel issues, as well as energy R&D decision-making in developing countries, are also presented. As the issues in this book are very important, this book will be helpful to a wide and appreciative audience.
Book Synopsis Oligopoly, the Environment and Natural Resources by : Luca Lambertini
Download or read book Oligopoly, the Environment and Natural Resources written by Luca Lambertini and published by Routledge. This book was released on 2013-08-21 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial production and consumption patterns rely heavily on the intensive use of both renewable and non-renewable resources and the consequences for the environment can be serious. Following a long period of time where the profit incentives of firms have prevailed over preservation of the environment and the world’s natural resources, a new consensus has emerged concerning the need to regulate firm behaviour, aimed at ensuring the sustainability of the economic system in the long run. This book offers an exhaustive overview of current economic debate about these topics, taking modern oligopoly theory as a benchmark. The first part of the book covers static models dealing with incentives for green research and development, Pigovian taxation, cartels, environmental quality and international trade, as well as the role of corporate social responsibility, public firms and consumer environmental awareness as endogenous regulatory instruments. Then, the author moves on to examine the role of time while drawing from optimal control and differential game theory. This opens the way to the discussion of fair discount rates to ensure the welfare of future generations, as well as the long run sustainability of production and consumption patterns.
