Please use this identifier to cite or link to this item:
http://hdl.handle.net/10174/6478
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Title: | “Simple model of resource exploitation” |
Authors: | Reis, A. Heitor |
Keywords: | Finite resources Exploitation |
Issue Date: | 2010 |
Publisher: | Universidade de Évora |
Citation: | A. Heitor Reis, “Simple model of resource exploitation” in Perspectives on Econophysics II, 125-136, Ed. Un. of Evora, 2010. |
Abstract: | Here we present a simple model of finite resource exploitation that is parameterized
by initial cost ratio, a technologic and management index m accounting for the rise of
the exploitation cost with decrease of resource amount, plus another index accounting
for the avidity of the market to the resource. The analysis showed that the
model captures essential features of finite resource exploitation, namely those concerning
to oil exploitation. Scenarios for future oil exploitation based on parameters
estimated from historical data are analyzed and discussed, as well some other scenarios
of generic resource exploitation. |
URI: | http://hdl.handle.net/10174/6478 |
ISBN: | 978-84-9981-125-3 |
Type: | bookPart |
Appears in Collections: | CGE - Publicações - Capítulos de Livros
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