Arbeitspapier
Optimal control theory with applications to resource and environmental economics
This note gives a brief, non-rigorous sketch of basic optimal control theory, which is a useful tool in several simple economic problems,such as those in resource and environmental economics. While the mathematical analysis in the note is self-contained, there is not much explanation and intuition on the economic issues. The note should therefore be read together with articles or books that give more discussion of the economics of the problems considered.
- Language
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Englisch
- Bibliographic citation
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Series: Memorandum ; No. 08/2016
- Classification
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Wirtschaft
Optimization Techniques; Programming Models; Dynamic Analysis
- Subject
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optimal control theory
exhaustible resources
renewable resources
climate change
water management
- Event
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Geistige Schöpfung
- (who)
-
Hoel, Michael
- Event
-
Veröffentlichung
- (who)
-
University of Oslo, Department of Economics
- (where)
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Oslo
- (when)
-
2016
- Handle
- Last update
-
10.03.2025, 11:46 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hoel, Michael
- University of Oslo, Department of Economics
Time of origin
- 2016