Search Results - subject:"dynamic optimization"

Effects of Nutrient Restrictions on Confined Animal Facilities: Insights from a Structural Model

Baerenklau, Kenneth A.; Nergis, Nermin; Schwabe, Kurt A. - Western Agricultural Economics Association - WAEA - 2007

Nutrient emissions from animal feeding operations continue to degrade water and air quality. New regulations will limit the amounts of nutrients that can be locally applied to land. In this article, a structural-dynamic model of a livestock-crop operation is calibrated with data from a...

Persistent link: https://www.econbiz.de/10005500242

From Separate Accounting to Formula Apportionment: Analysis in a Dynamic Framework

Radulescu, Doina Maria - CESifo - 2007

This paper analyzes the switch from Separate Accounting to Formula Apportionment in a dynamic framework. The model features both purely domestic corporations and a domestic multinational which invests at home and abroad as well as a purely foreign corporation and a foreign multinational which...

Persistent link: https://www.econbiz.de/10005406125

Multicriteria Dynamic Optimization Problems and Cooperative Dynamic Games

Engwerda, Jacob - Tilburg University, Center for Economic Research - 2007

We survey some recent research results in the field of dynamic cooperative differential games with non-transferable utilities. Problems which fit into this framework occur for instance if a person has more than one objective he likes to optimize or if several persons decide to combine efforts in...

Persistent link: https://www.econbiz.de/10011092356

Necessary and Sufficient Conditions for Solving Cooperative Differential Games

Engwerda, Jacob - Tilburg University, Center for Economic Research - 2007

In this note we present as well necessary as sufficient conditions for existence of a Pareto optimum for general non-convex differential games. The obtained results are used to analyze the non-convex regular indefinite linear quadratic differential game. For the scalar case an algorithm is...

Persistent link: https://www.econbiz.de/10011092804

The Institutional Support of Agricultural Loans and its Role in Czech Agriculture

Cechura, Lukas - European Association of Agricultural Economists - EAAE - 2007

based on the dynamic optimal model. The dynamic optimization problem is solved by the Lagrange method. The application of …

Persistent link: https://www.econbiz.de/10005060788

Exchange rate volatility and investment: a panel data cointegration approach

Diallo, Ibrahima Amadou - Volkswirtschaftliche Fakultät, … - 2007

This paper examines the link between the real exchange rate volatility and domestic investment by using the panel data cointegration techniques. In the first part of the paper, we study the theoretical link between the exchange rate, its volatility and the investment in a small open economy. The...

Persistent link: https://www.econbiz.de/10005789475

Coastal Groundwater Management with Nearshore Resource Interactions

Pongkijvorasin, Sittidaj; Roumasset, James; Thomas … - Department of Economics, University of Hawaii-Manoa - 2007

dynamic optimization problems. We start by solving for optimal water management without limu consideration (O). Then, the …, submarine groundwater discharge, stock externality, nearshore resources, safe minimum standard, marine algae, dynamic … optimization model JEL Classification: Q25, Q28, C61, D62 1 We would …

Persistent link: https://www.econbiz.de/10005824199

Education choice under uncertainty: Implications for public policy

Hogan, Vincent; Walker, Ian - 2006

We analyse how progressive taxation and education subsidies affect schooling decisions when the returns to education are stochastic. We use the theory of real options to solve the problem of education choice in a dynamic stochastic model. We show that education attainment will be an increasing...

Persistent link: https://www.econbiz.de/10010293839

Aquifer Depletion and the Cost of Water Conservation: The Southern High Plains of Texas Case

Wheeler, Erin A.; Segarra, Eduardo; Johnson, Phillip N.; … - International Association of Agricultural Economists - IAAE - 2006

Aquifer. County level dynamic optimization models maximizing net present value of net returns to land, management, groundwater …

Persistent link: https://www.econbiz.de/10005483932

A generalized options approach to aggregate migration with an application to US federal states

Bayer, Christian; Juessen, Falko - Society for Economic Dynamics - SED - 2006

This paper develops a tractable dynamic microeconomic model of migration decisions that is aggregated to describe the behavior of interregional migration. Our structural approach allows to deal with dynamic self-selection problems that arises from the endogeneity of location choice and the...

Persistent link: https://www.econbiz.de/10005069203