Modeling Optimal Oil Extraction using Optimal Control Model: A Case Study of an Iranian Oil Field
After the oil shocks of the 70s, oil extraction policy has become more important in two aspects. In one aspect, economists have reconsidered the Hotelling (1931) model about optimal natural resource extraction rate and in other aspect, engineers has paid more attention to enhanced oil recovery (EOR)...
Main Authors: | , , , , , |
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Format: | Article |
Language: | fas |
Published: |
Allameh Tabataba'i University Press
2015-01-01
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Series: | Pizhūhishnāmah-i Iqtiṣād-i Inirzhī-i Īrān |
Subjects: | |
Online Access: | http://jiee.atu.ac.ir/article_856_376051d2fbcaec7480edc1ef84fad2f8.pdf |