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This paper surveys the use of mathematical programming models for controlling environmental quality. The scope includes air, water, and land quality, stemming from the first works in the 1960s. It also includes integrated models, generally that are ...
Persistent link: https://www.econbiz.de/10008504931
Mixed integer programming and dynamic programming models were used to obtain the implicit economic value of the initial endowment of base acreage on a cotton farm. While low levels of initial base have almost no impact on land value, high levels can be worth a considerable premium, with the...
Persistent link: https://www.econbiz.de/10008537325