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This paper identifies the optimal pollution level under the assumptions of linear, quadratic and exponential damage and abatement cost functions and investigates analytically the certain restrictions that the existence of this optimal level requires. The evaluation of the benefit area is...
Persistent link: https://www.econbiz.de/10011111561
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...
Persistent link: https://www.econbiz.de/10015241893
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...
Persistent link: https://www.econbiz.de/10015244357
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...
Persistent link: https://www.econbiz.de/10015249758
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...
Persistent link: https://www.econbiz.de/10011108611
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...
Persistent link: https://www.econbiz.de/10011111863
In the Lagrangian approach to the turbulent diffusion the species concentrations are described relative to the moving fluid. This approach is concerned with the behavior of the fluid particle existing in a carrying turbulent fluid. Lagrangian theory describes the statistics of the pollutant...
Persistent link: https://www.econbiz.de/10005163333
This paper suggests a metrics that measures the environmental risk of exposure of cities to future waves of COVID-19 and epidemics of similar vital agents. The proposed index combines environmental, socioeconomic and health risk factors of cities to assess their vulnerability to the diffusion of...
Persistent link: https://www.econbiz.de/10013229712
Technical and environmental efficiency of some coal-fired thermal power plants in India is estimated using a methodology that accounts for firm’s efforts to increase the production of good output and reduce pollution with the given resources and technology. The methodology used is directional...
Persistent link: https://www.econbiz.de/10015217942
Electric and natural gas are the two major sources of energy for residents of Washington State. Several states have adopted a policy whereby utility companies decide on the choice of mixes of resources by incorporating cost effectiveness, conservation and externalities. Externalities could...
Persistent link: https://www.econbiz.de/10015233669