Miscellaneous Research Material

Paper on Hedging an Annuity Purchase and its associated Mathematica code.


“Resource Depletion, National Income Accounting, and the Value of Optimal Dynamic Programs.”  Resource and Energy Economics 17 (1995), 137–154.


“Entropy and the Economic Process.” A different version of this paper, including less bibliographic information and no footnotes, appears in Cutler J. Cleveland, ed., Encyclopedia of Energy, 2004, Volume 2, 471–478. Amsterdam: Elsevier.