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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
Persistent link: https://www.econbiz.de/10011806161
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/10003430585
Persistent link: https://www.econbiz.de/10003430589
We introduce a theoretical framework that contributes to the understanding of the non-communicable chronic diseases (NCDs) epidemics: even if NCDs are not "biologically" communicable, they may spread due to the transmission of unhealthy activities such as unhealthy diet, physical inactivity, and...
Persistent link: https://www.econbiz.de/10009369348
We present an OLG model in which life expectancy and environmental quality dynamics are jointly determined. Agents may invest in environmental care, depending on how much they expect to live. In turn, environmental conditions affect life expectancy. As a result, our model produces a positive...
Persistent link: https://www.econbiz.de/10010269643