Search Results - subject:"Dynamic optimization"

Evaluating Pollution Control Policies Using a Farm-level Dynamic Model: An Application to Large Dairy Farms in California

Wang, Jingjing; Baerenklau, Kenneth A. - Agricultural and Applied Economics Association - AAEA - 2012

Animal waste from concentrated animal feeding operations (CAFOs) is a significant contributor to the nitrate contamination of groundwater. Some manures also contain heavy metals and salts that may build up either in cropland or groundwater. To find cost-effective policies for pollution reduction...

Persistent link: https://www.econbiz.de/10010916657

Comparing the Cost-Effectiveness of Water Conservation Policies in a Depleting Aquifer: A Dynamic Analysis of the Kansas High Plains

Ding, Ya; Peterson, Jeffrey M. - In: Journal of Agricultural and Applied Economics 44 (2012) 02

This research analyzes two groundwater conservation policies in the Kansas High Plains located within the Ogallala aquifer: 1) cost-share assistance to increase irrigation efficiency; and 2) incentive payments to convert irrigated crop production to dryland crop production. To compare the...

Persistent link: https://www.econbiz.de/10011142810

The Economics of Groundwater

Roumasset, James; Wada, Christopher - Department of Economics, University of Hawaii-Manoa - 2012

We provide a synthesis of the economics of groundwater with a focus on optimal management and the Pearce equation for renewable resources. General management principles developed through the solution of a single aquifer optimization problem are extended to the management of multiple resources...

Persistent link: https://www.econbiz.de/10010552344

Finite Horizon Learning

Branch, William; Evans, George W.; McGough, Bruce - Centre for Dynamic Macroeconomic Analysis, University … - 2012

Incorporating adaptive learning into macroeconomics requires assumptions about how agents incorporate their forecasts into their decision-making. We develop a theory of bounded rationality that we call finite-horizon learning. This approach generalizes the two existing benchmarks in the...

Persistent link: https://www.econbiz.de/10010676184

A Dynamic Optimization on Energy Efficiency in Developing Countries

Wang, Dong - Volkswirtschaftliche Fakultät, … - 2012

methodology of dynamic optimization, a maximum problem of energy efficiency over time is subjected to the extended Solow growth … and energy consumption can be drawn. The discussion on modelling and implications is organized in the end. The dynamic … optimization encourages governments in developing countries to pursue higher energy efficiency as it can reduce energy use without …

Persistent link: https://www.econbiz.de/10011112533

A model of waste control and abatement capital: Permanent versus temporary environmental policies

Travaglini, Giuseppe; Saltari, Enrico - Volkswirtschaftliche Fakultät, … - 2012

In this paper we investigate the effects of introducing explicitly abatement capital in a welfare function which depends on waste stock and consumption. Consumption is assumed to produce an undesiderable residue. Society can control waste accumulation using abatement capital. We focus on two...

Persistent link: https://www.econbiz.de/10011114364

Status-quo vs new strategy in intangibles

Shakina, Elena; Barajas, Angel; Parshakov, Petr; … - In: Journal of economic studies 44 (2017) 1, pp. 138-153

Persistent link: https://www.econbiz.de/10011757068

Optimal phosphorus abatement redefined : insights from coupled element cycles

Iho, Antti; Ahlvik, Lassi; Ekholm, Petri; Lehtoranta, Jouni - In: Ecological economics : the transdisciplinary journal of … 137 (2017), pp. 13-19

Persistent link: https://www.econbiz.de/10011794035

On the possibility of dynamic optimization of output by changing the level of income inequality

Akaev, Askar; Sarygulov, Askar; Sokolov, Valentin - In: Ėkonomičeskaja politika 12 (2017) 6, pp. 8-23

Persistent link: https://www.econbiz.de/10011856218

The role of fisheries in optimal eutrophication management

Iho, Antti; Ahtiainen, Heini; Artell, Janne; … - In: Water economics and policy 3 (2017) 2, pp. 1-27

Persistent link: https://www.econbiz.de/10011914833