Title
History-dependence in production-pollution-trade-off models: a multi-stage approach.
Abstract
Multi-stage modeling provides powerful tools to study optimal switches between different technologies. In most of the related literature, however, it is assumed that the number of switches is a-priori fixed. In the present paper we allow for multiple optimally determined switches. Consequently, we are able to locate solution paths that not only lead to different long-run outcomes but also differ in the number of switches along these paths.
Year
DOI
Venue
2014
10.1007/s10479-013-1349-9
Annals OR
Keywords
Field
DocType
Multi-stage modeling, Production-pollution trade-off, Optimal control, Pontryagin’s maximum principle, History-dependence
Mathematical optimization,Economics,Optimal control,Environmentally friendly,Harm,Operations research,Pollution,Trade-off
Journal
Volume
Issue
ISSN
222
1
1572-9338
Citations 
PageRank 
References 
1
0.38
4
Authors
3
Name
Order
Citations
PageRank
Elke Moser121.44
Andrea Seidl2216.18
Gustav Feichtinger314338.93