Economic Impacts of Surface Mine Reclamation

Schlottmann, Alan M.; Spore, R.L.

doi:10.2307/3145526

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“…Study of environmental constrain mainly concentrates setup of environmental regulations and influence of resource market from regulations, like Samuelson [14] , Takayama & Judge [15] , Schlottmann&Spore [16] and so on. Later, Hoel analyzed the environmental influence on exhaustible resource [17] , in cycle effects between resource and environment, pollution consumption or recycling.…”

Section: Introductionmentioning

confidence: 99%

The Optimal Extraction Path of Exhaustible Resources under Environment Control

Yan

Zhang

Zou

2014

AMM

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Assuming in the perfectly competitive market, using the optimal control theory and making the social welfare as the maximization target, the paper studies on environment control which impacts the optimal extraction path of exhaustible resource. The special case result shows that: reserve and the changes of environment capacity function and curve are influenced by original reserve, discounted value, the absolute ratio of green environment flow to resource extraction quantity, and marginal cost.

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Section: Introductionmentioning

confidence: 99%