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Dynamic Optimization in Environmental Economics

  • Book
  • © 2014

Overview

Editors:
  1. Elke Moser

    1. Institute of Mathematical Methods in Economics, Vienna University of Technology, Vienna, Austria

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  2. Willi Semmler

    1. Department of Economics, The New School for Social Research, New York, USA

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  3. Gernot Tragler

    1. Institute of Mathematical Methods in Economics, Vienna University of Technology, Vienna, Austria

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  4. Vladimir M. Veliov

    1. Institute of Mathematical Methods in Economics, Vienna University of Technology, Vienna, Austria

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  • Presents a broad range of applications in environmental economics
  • Offers contributions of top scientists in this area
  • Treats pressing problems arising from current environmental developments
  • Uses most advanced mathematical methods in optimal control and dynamic game theory
  • Includes supplementary material: sn.pub/extras

Part of the book series: Dynamic Modeling and Econometrics in Economics and Finance (DMEF, volume 15)

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Table of contents (15 chapters)

  1. Front Matter

    Pages I-XI
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  2. Interactions Between Economy and Climate

    1. Front Matter

      Pages 1-1
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    2. Climate Change and Technical Progress: Impact of Informational Constraints

      • Anton Bondarev, Christiane Clemens, Alfred Greiner
      Pages 3-35

    3. Environmental Policy in a Dynamic Model with Heterogeneous Agents and Voting

      • Kirill Borissov, Thierry Bréchet, Stéphane Lambrecht
      Pages 37-60

    4. Optimal Environmental Policy in the Presence of Multiple Equilibria and Reversible Hysteresis

      • Ben J. Heijdra, Pim Heijnen
      Pages 61-85

    5. Modeling the Dynamics of the Transition to a Green Economy

      • Stefan Mittnik, Willi Semmler, Mika Kato, Daniel Samaan
      Pages 87-109

    6. One-Parameter GHG Emission Policy with R&D-Based Growth

      • Tapio Palokangas
      Pages 111-126

    7. Pollution, Public Health Care, and Life Expectancy when Inequality Matters

      • Andreas Schaefer, Alexia Prskawetz
      Pages 127-154

    8. Uncertain Climate Policy and the Green Paradox

      • Sjak Smulders, Yacov Tsur, Amos Zemel
      Pages 155-168

    9. Uniqueness Versus Indeterminacy in the Tragedy of the Commons: A ‘Geometric’ Approach

      • Franz Wirl
      Pages 169-192

  3. Optimal Extraction of Resources

    1. Front Matter

      Pages 193-193
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    2. Dynamic Behavior of Oil Importers and Exporters Under Uncertainty

      • Lucas Bretschger, Alexandra Vinogradova
      Pages 195-213

    3. Robust Control of a Spatially Distributed Commercial Fishery

      • William A. Brock, Anastasios Xepapadeas, Athanasios N. Yannacopoulos
      Pages 215-241

    4. On the Effect of Resource Exploitation on Growth: Domestic Innovation vs. Technological Diffusion Through Trade

      • Francisco Cabo, Guiomar Martín-Herrán, María Pilar Martínez-García
      Pages 243-264

    5. Forest Management and Biodiversity in Size-Structured Forests Under Climate Change

      • Renan Goetz, Carme Cañizares, Joan Pujol, Angels Xabadia
      Pages 265-286

    6. Carbon Taxes and Comparison of Trading Regimes in Fossil Fuels

      • Seiichi Katayama, Ngo Van Long, Hiroshi Ohta
      Pages 287-313

    7. Landowning, Status and Population Growth

      • Ulla Lehmijoki, Tapio Palokangas
      Pages 315-328

    8. Optimal Harvesting of Size-Structured Biological Populations

      • Olli Tahvonen
      Pages 329-355
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Keywords

About this book

The book presents new developments in the dynamic modeling and optimization methods in environmental economics and provides a huge range of applications dealing with the economics of natural resources, the impacts of climate change and of environmental pollution, and respective policy measures. The interrelationship between economic activities and environmental quality, the development of cleaner technologies, the switch from fossil to renewable resources and the proper use of policy instruments play an important role along the path towards a sustainable future. Biological, physical and economic processes are naturally involved in the subject, and postulate the main modelling, simulation and decision-making tools: the methods of dynamic optimization and dynamic games.

Editors and Affiliations

  • Institute of Mathematical Methods in Economics, Vienna University of Technology, Vienna, Austria

    Elke Moser, Gernot Tragler, Vladimir M. Veliov

  • Department of Economics, The New School for Social Research, New York, USA

    Willi Semmler

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