Abstract | ||
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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 Moser | 1 | 2 | 1.44 |
Andrea Seidl | 2 | 21 | 6.18 |
Gustav Feichtinger | 3 | 143 | 38.93 |