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How to eat a cake of unknown size: A reconsideration

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  • Kumar, Ramesh C.

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  • Kumar, Ramesh C., 2005. "How to eat a cake of unknown size: A reconsideration," Journal of Environmental Economics and Management, Elsevier, vol. 50(2), pages 408-421, September.
    • Handle: RePEc:eee:jeeman:v:50:y:2005:i:2:p:408-421
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    References listed on IDEAS

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    1. Kiefer, Nicholas M, 1988. "Economic Duration Data and Hazard Functions," Journal of Economic Literature, American Economic Association, vol. 26(2), pages 646-679, June.
    2. Glenn C. Loury, 1978. "The Optimal Exploitation of an Unknown Reserve," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 45(3), pages 621-636.
    3. Michael Hoel, 1978. "Resource Extraction when a Future Substitute has an Uncertain Cost," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 45(3), pages 637-644.
    4. Vousden, Neil, 1973. "Basic theoretical issues of resource depletion," Journal of Economic Theory, Elsevier, vol. 6(2), pages 126-143, April.
    5. Richard J. Gilbert, 1979. "Optimal Depletion of an Uncertain Stock," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 46(1), pages 47-57.
    6. Tjalling C. Koopmans, 1973. "Some Observations on 'Optimal' Economic Growth and Exhaustible Resources," Cowles Foundation Discussion Papers 356, Cowles Foundation for Research in Economics, Yale University.
    7. Ramesh C. Kumar, 2002. "How long to eat a cake of unknown size? Optimal time horizon under uncertainty," Canadian Journal of Economics, Canadian Economics Association, vol. 35(4), pages 843-853, November.
    8. repec:bla:scandj:v:83:y:1981:i:2:p:277-88 is not listed on IDEAS
    9. Ramesh C. Kumar, 2002. "How long to eat a cake of unknown size? Optimal time horizon under uncertainty," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 35(4), pages 843-853, November.
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    Cited by:

    1. Johannes Emmerling, 2015. "Uncertainty and Natural Resources - Prudence Facing Doomsday," Working Papers 2015.49, Fondazione Eni Enrico Mattei.
    2. Kemp Murray C. & Van Long Ngo, 2009. "Extracting Resource Deposits of Unknown Size: Optimal Order," German Economic Review, De Gruyter, vol. 10(4), pages 401-421, December.
    3. Sun, Xiaohua & Ren, Junlin & Wang, Yun, 2022. "The impact of resource taxation on resource curse: Evidence from Chinese resource tax policy," Resources Policy, Elsevier, vol. 78(C).
    4. Reyer Gerlagh & Matti Liski, 2014. "Cake-Eating with Private Information," CESifo Working Paper Series 5050, CESifo.
    5. van der Ploeg, Frederick, 2010. "Aggressive oil extraction and precautionary saving: Coping with volatility," Journal of Public Economics, Elsevier, vol. 94(5-6), pages 421-433, June.
    6. repec:bla:germec:v:10:y:2009:i::p:401-421 is not listed on IDEAS
    7. Murray C. Kemp & Ngo Van Long, 2007. "Extracting Several Resource Deposits of Unknown Size: Optimal Order," CIRANO Working Papers 2007s-10, CIRANO.

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