𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Cost minimization and uncertain technologies: Absence of deviation costs

✍ Scribed by Michael Laker


Book ID
118289574
Publisher
Springer Vienna
Year
1990
Tongue
English
Weight
364 KB
Volume
51
Category
Article
ISSN
1617-7134

No coin nor oath required. For personal study only.


πŸ“œ SIMILAR VOLUMES


PAY, TECHNOLOGY, AND THE COST OF WORKER
✍ MELVYN COLES; JOSEPH LANFRANCHI; ALI SKALLI; JOHN TREBLE πŸ“‚ Article πŸ“… 2007 πŸ› Oxford University Press 🌐 English βš– 207 KB
Uncertain Environmental Costs and the Op
✍ Shah Dabirian; David C. Wong πŸ“‚ Article πŸ“… 1995 πŸ› Elsevier Science 🌐 English βš– 76 KB

The socially optimal rate of oil recovery from a known reservoir is analyzed when environmental costs are uncertain and planners are either risk neutral or risk averse. It is shown that the rate of oil recovery has the same characteristics whether environmental costs are certain or uncertain. In eit