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We build a benchmark framework to study optimal land use, encompassing land use activities and environmental degradation. We focus on the spatial externalities of land use as drivers of spatial patterns : even if land is immobile by nature, location's actions affect the whole space through...
Persistent link: https://www.econbiz.de/10011026040
We build a benchmark framework to study optimal land use, encompassing land use activities and environmental degradation. We focus on the spatial externalities of land use as drivers of spatial patterns : even if land is immobile by nature, location's actions affect the whole space through...
Persistent link: https://www.econbiz.de/10009651419
This paper builds a benchmark framework to study optimal land use, encompassing land use activities and environmental degradation. We focus on the spatial externalities of land use as drivers of spatial patterns: land is immobile by nature, but local actions affect the whole space since...
Persistent link: https://www.econbiz.de/10011209221
Persistent link: https://www.econbiz.de/10011474166
Persistent link: https://www.econbiz.de/10011806161
Persistent link: https://www.econbiz.de/10013270238
We study the optimal dynamics of an AK economy where population is uniformly distributed along the unit circle. Locations only differ in initial capital endowments. Spatio-temporal capital dynamics are described by a parabolic partial differential equation. The application of the maximum...
Persistent link: https://www.econbiz.de/10010660018
We develop a model economy adapting Hotelling's migration law to make individuals react to the gradient of their indirect utility. In a first version, individuals respond uniquely to utility differences. In a second phase, we insert our migration law as a dynamic constraint in a spatial model of...
Persistent link: https://www.econbiz.de/10010617536
The purpose of this paper is to extend the use of integrated assessment models by defining rational policies based on predictive control and adaptive behavior. The paper begins with an review of the main IAMs and their use. Then the concept of Model Predictive Nash Equilibrium (MPNE) is...
Persistent link: https://www.econbiz.de/10010543545
Persistent link: https://www.econbiz.de/10009011960