This paper develops an economic equilibrium model for pollution management and resource generation within a district, segmented into blocks. The model uses quadratic equations to derive equilibrium conditions at both block and district levels. The analysis incorporates principles from Keynesian,...

This study presents a mathematical model for determining cost effective emissions' control strategies in Europe, by minimizing sulphur abatement costs subject to different pollution control targets. The purpose is to compare the efficiency of a uniform percentage emissions reduction with a...

This paper considers economic cycles that do not depend on the exogenous economic actions. More precisely, the paper develops a positive model of government behavior in order to define the intertemporal fiscal policies that are optimal for a country, determining the optimal level of the budget...

In this paper, the basic assumption is that the environment provides two different kinds of services. First, the environment may serve as an input to the production of conventional goods. For example, the exploitation of an oil source from which one firm extracts the oil which in turn is used as...

In this paper we model the conflict between the group of polluting firms of a country and the social planer of the same country which attempts to control the volume of emissions generated during the production process. Both players of the game have their own control policies which are the rate...

This paper presents, in brief, the fundamentals of optimal control theory together with some notes for differential games, which is the game theoretic analogue of the optimal control. As it is recommended by literature references the main tool of analysis in open loop information structure for...

The first purpose of this paper is to study the dynamics of a general socially undesirable public evil and the possibility of cyclical Nash strategies in equilibrium. As a second result of the paper we found the analytical solutions of the hierarchical (Stackelberg) game for the public bad...

Joint cost-environmental efficiency analysis based on the material balance principle (MBP) has an important short-coming, in that the measures of allocative efficiency it produces do not fully integrate environmental and economic outcomes. Their limitation lies in their failure to take into...

In this paper we consider a dynamic nonzero-sum game between the polluting firms and the authorities. Although the proposed game is not easily solvable for the feedback case, i.e., it is not the linear quadratic case of game and not a degenerated case, we calculate explicitly a stationary...

We are interested in the concept of dynamic pricing of production capacity in a supply chain and in particular, understanding how the supply chain structure might affect the volatility of capacity prices. We find that supply chains with high capacity costs will experience high price volatility....