publication . Other literature type . 2004

Seeing is Believing: Simulating Resource-Extraction Problems With Gams Ide and Microsoft Excel in an Intermediate-Level Natural-Resource Economics Course

Caplan, Arthur J.;
Open Access
  • Published: 01 Jan 2004
  • Publisher: Hosted by Utah State University Libraries
  • Country: United States
In this paper we provide several GAMS- and Excel-based resource-extraction models that can be used in an intermediate-level natural-resource economics course to numerically solve a host of exhaustible- and replenishable-resource problems, and thereby help verify the intuition and symbolic solutions provided in the textbook. The specific textbook from which the examples are drawn is Tietenberg (2003).
free text keywords: simulating, resource extraction, gams ide, microsoft excel, natural resource
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Other literature type . 2004
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