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Table 2 Expected income values corresponding to three extraction policies for different values of the probability \( \pi \) of having a positive result of the prospection underway

From: Optimising the extraction rate of a non-durable non-renewable resource in a monopolistic market: a mathematical programming approach

\( \pi \)

0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.8

0.9

1.0

P1

0.420

0.426

0.432

0.438

0.443

0.449

0.455

0.460

0.466

0.472

0.477

P2

0.444

0.445

0.447

0.449

0.451

0.453

0.455

0.457

0.459

0.461

0.463

P3

0.448

0.449

0.451

0.453

0.455

0.458

0.461

0.464

0.468

0.472

0.477