URN to cite this document: urn:nbn:de:bvb:703-epub-5519-3
Title data
Grüne, Lars ; Kato, Mika ; Semmler, Willi:
Solving ecological management problems using dynamic programming.
Bayreuth
,
2002
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Abstract
This paper is an extension of the work by Brock and Starret (1999) on an ecological management problem. They detect the existence of multiple equilibria, given the ecological behavior of relevant natural resources, in an economy of individuals who have conflicting interests concerning the state of ecology. We study the global dynamics and its policy implication using the associated Hamilton-Jacobi-Bellman equation and numerical dynamic programming.
Further data
Item Type: | Preprint, postprint |
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Additional notes (visible to public): | Erscheint in: Journal of Economic Behavior & Organization. Bd. 57 (2005) Heft 4 . - S. 448-473; https://doi.org/10.1016/j.jebo.2005.04.002 |
DDC Subjects: | 500 Science 500 Science > 510 Mathematics |
Institutions of the University: | Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics > Chair Mathematics V (Applied Mathematics) > Chair Mathematics V (Applied Mathematics) - Univ.-Prof. Dr. Lars Grüne Faculties Faculties > Faculty of Mathematics, Physics und Computer Science Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics Faculties > Faculty of Mathematics, Physics und Computer Science > Department of Mathematics > Chair Mathematics V (Applied Mathematics) |
Language: | English |
Originates at UBT: | Yes |
URN: | urn:nbn:de:bvb:703-epub-5519-3 |
Date Deposited: | 17 May 2021 10:41 |
Last Modified: | 21 Jun 2021 09:16 |
URI: | https://epub.uni-bayreuth.de/id/eprint/5519 |