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Jean-Pierre Amigues, Michel Moreaux, Katheline Schubert, Optimal Use of a Polluting Non-Renewable Resource Generating both Manageable and Catastrophic Damages, Annals of Economics and Statistics, No. 103/104, ENVIRONMENTAL AND RESOURCE ECONOMICS (JULY/DECEMBER 2011), pp. 107-141
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Amigues et al. (2011) studied this question.
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