Erratum to "When to drill? Trigger prices for the arctic national wildlife refuge" [Resour. Energy Econ. 27(4) (2005) 273-286] (DOI:10.1016/j.reseneeco.2005.01.001);When to drill? Trigger prices for the Arctic National Wildlife Refuge

Resource and Energy Economics

Volumn 27, Issue 4, 2005, Pages 273-286

  Conrad, Jon M ^a   Kotani, Koji ^a  

^a Department of Molecular Biology and Genetics   (United States)

Author keywords

ANWR; Real option theory; Resource development

Indexed keywords

CRUDE PETROLEUM; INVESTMENTS; OIL FIELD DEVELOPMENT; PUBLIC POLICY; RANDOM PROCESSES;

ARCTIC NATIONAL WILDFIRE THEORY; GEOMETRIC BROWNIAN MOTION; REAL OPTION THEORY; RESOURCE DEVELOPMENT;

OIL WELL DRILLING;

DRILLING; ENVIRONMENTAL ECONOMICS; OIL FIELD; PRICE DYNAMICS;

ALASKA; ARCTIC NATIONAL WILDLIFE REFUGE; NORTH AMERICA; UNITED STATES;

EID: 27944463046     PISSN: 09287655     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.reseneeco.2007.06.002     Document Type: Erratum

References (15)

1. E.D. Attanasi J.H. Schuenemeyer Some aspects of resource uncertainty and their economic consequences in the assessment of the 1002 area of the Arctic National Wildlife Refuge Natural Resources Research 11 2 2002 109-120
2. G. Cortazar E.S. Schwartz Implementing a real option model for valuing an undeveloped oil field International Transactions in Operational Research 4 2 1997 125-137
3. A.K. Dixit R.S Pindyck Investment Under Uncertainty 1994 Princeton University Press Princeton, NJ
4. A. Friedman Variational Principles and Free Boundary Problems 1988 Krieger Publishing Company Melbourne, FL
5. J.C Hull Options, Futures and Other Derivatives 5th ed. 2003 Prentice-Hall Upper Saddle River, NJ
6. M. Insley A real options approach to the valuation of a forestry investment Journal of Environmental Economics and Management 44 3 2002 471-492
7. McDowell Group ANWR and the Alaska Economy: An Economic Impact Assessment 2002 Juneau Alaska
8. J.L Paddock D.R. Siegel J.L. Smith Option valuation of claims to real assets: The case of offshore leases Quarterly Journal of Economics 103 3 1988 479-508
9. R.S. Pindyck D.L Rubinfeld Economic Models and Economic Forecasts 1998 Irwin/McGraw-Hill Boston/Massachusetts
10. W.J. Reed H.R. Clarke Harvest decisions and asset valuation for biological resources exhibiting size-dependent stochastic growth International Economic Review 31 1 1990 147-169
11. L. Trigeorgis Real Options: Managerial Flexibility and Strategy in Resource Allocation 1996 MIT Press Cambridge, MA
12. D. Tavella C. Randall Pricing Financial Instruments: The Finite Difference Method 2000 Wiley New York
13. M.P. Welsh G.L. Poe Elicitation effects in contingent valuation: comparisons to a multiple bounded discrete choice approach Journal of Environmental Economics and Management 36 2 1998 170-185
14. P. Wilmott S. Howison J. Dewynne The Mathematics of Financial Derivatives 1995 Cambridge University Press Cambridge
15. P. Wilmott S. Howison J. Dewynne Option Pricing: Mathematical Models and Computation 1993 Oxford Financial Press Oxford