Search Results - subject:"closed-loop solution"

The spatial-dynamic benefits from cooperative disease control in a perennial crop

Fuller, Kate B.; Sanchirico, James N.; Alston, Julian Mark - In: Journal of agricultural and resource economics : JARE ; … 42 (2017) 2, pp. 127-145

Persistent link: https://www.econbiz.de/10011751693

The Quadratic Oil Extraction Oligopoly

Hartwick, John - 2006

Each extractor has a distinct quadratic extraction cost and faces a linear industry demand schedule. We observe that the open loop and closed loop solutions are the same if initial stocks are such that each competitor is extracting in every period in which her competitors are extracting.

Persistent link: https://www.econbiz.de/10011940709

The Quadratic Oil Extraction Oligopoly

Hartwick, John - Economics Department, Queen's University - 2006

Persistent link: https://www.econbiz.de/10005490222

Closed-Loop Solution For Optimal Sequential Hedging And Forward Contracting In U.S. Hog Production

Pa, Chung; Turvey, Calum G.; Meilke, Karl D. - Department of Food, Agricultural and Resource Economics … - 2002

-variance utility function that is maximized sequentially to obtain optimal forward contract and hedge ratios. The closed loop solution … ability to reduce both spot price and contract value risks under under the closed loop solution. The percentage improvement in … indicate that the closed loop solution is able to acheive the best utility outcome especially in volatile market situations …

Persistent link: https://www.econbiz.de/10010913245

The quadratic oil extraction oligopoly

Hartwick, John M.; Brolley, Michael - In: Resource and Energy Economics 30 (2008) 4, pp. 568-577

Each extractor has a distinct initial endowment of oil and a distinct quadratic extraction cost and faces a linear industry demand schedule. We observe in a discrete-time model with a finite number of periods that the open loop and closed loop solutions are the same if initial stocks are such...

Persistent link: https://www.econbiz.de/10005199210