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L’exploration des ressources extractives non renouvelables : théorie économique, processus stochastique et vérification

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  • Crabbé, Ph.

    (Université d’Ottawa)

Abstract

Most of the literature devoted to the "theory of the mine" has been developed under certainty. It has been unable to explain the activity of exploration. The stochastic models of exploration were developed quasi-independently from economic theory. The purpose of this article is to survey both the mining and economic literature related to the "theory of the mine" under uncertainty and the exploration models since the turn of the century. The survey is complementary to the one made in this journal by F. Peterson and A.C. Fisher.

Suggested Citation

  • Crabbé, Ph., 1977. "L’exploration des ressources extractives non renouvelables : théorie économique, processus stochastique et vérification," L'Actualité Economique, Société Canadienne de Science Economique, vol. 53(4), pages 559-586, octobre.
    • Handle: RePEc:ris:actuec:v:53:y:1977:i:4:p:559-586
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    1. Partha Dasgupta & Geoffrey Heal, 1974. "The Optimal Depletion of Exhaustible Resources," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(5), pages 3-28.
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