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Filtering by: Subject Renewable natural resouces -- Management -- Mathematical models

Three studies on the role of uncertainty in the valuation and management of renewable natural resources

Creator:

Burnes, Ellen Irene

Abstract:

These three papers address uncertainty in the management and valuation of renewable natural resources. The first paper develops a model to integrate both stock and price uncertainty to obtain optimal resource levels. The model is an extension of Reed (1974) and shows by proof and by example that when prices...

Resource Type:

Dissertation

Full Text:

management and valuation of renewable natural resources. The first paper develops a model to integrate both
Optimization, conservation and valuation of contingent claims in economic resource management under uncertainty

Creator:

Jia, Siwei

Abstract:

This dissertation consists of three papers studying optimization, conservation and valuation of contingent claims in economic resource nianagement under uncertainty. In the first paper the Markovian optinial policies are studied for resource management in a finite time horizon. Under sonic conditions, in particular, when the prices are stochastic and there...

Resource Type:

Dissertation

Full Text:

valuation and management of renewable natural resources. Ph.D. Dissertation, Oregon State University. Clark