I Dynamic Models of Resource Extraction in Markets of Monopoly or Pure Competition with Full Information -- 1. Hotelling’s Model -- 2. Optimal Extraction Rates and Exploration -- 2.1 Pure Competition -- 2.2 Monopoly -- 3. Optimal Extraction Rates and Constant Elasticity of Demand -- 4. Market...

In this paper a numerical approach for the optimization of stirrer configurations is presented. The methodology is based on a flow solver, and a mathematical optimization tool, which are integrated into an automated procedure. The flow solver is based on the discretization of the incompressible...