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Switching surfaces for optimal natural resource extraction under uncertainty
Conference paper
Proceedings - 21st International Congress on Modelling and Simulation, MODSIM 2015
Authors:
Chen，W.
;
Tarnopolskaya，T.
;
Langrené，N.
;
Lo，T.
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Submit date：2022/08/29
Least-squares Monte Carlo
Memory reduction method
Real options
Stochastic optimal control
Stochastic switching
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