Optimal Control of Pollution Accumulation with Long-Run Average Welfare

Optimal Control of Pollution Accumulation with Long-Run Average Welfare
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具有长期平均福利的污染累积优化控制

DOI:
10.1023/b:eare.0000003609.50884.41
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发表时间:
2003
期刊:
影响因子:
--
通讯作者:
Kazuhito Kawaguchi
Kazuhito Kawaguchi
中科院分区:
--
文献类型:
--
作者:
Kazuhito Kawaguchi

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本文考虑污染积累问题,以最大化环境经济学中的长期平均福利函数。我们通过粘度求解方法求解经典意义上的相关 Hamilton-Jacobi-Bellman 方程来解决该问题。最优策略被证明存在于反馈中,并且最大值也是独立于初始污染水平而获得的。讨论了最佳污染存量的平衡。
This paper considers the problem of pollution accumulation in order to maximize the long-run average welfare functional in environmental economics. We approach the problem by solving the associated Hamilton-Jacobi-Bellman equation in the classical sense, via the viscosity solution method. The optimal policy is shown to exist in a feedback from, and the maximum value is also obtained independently of the initial level of pollution. An equilibrium of the optimal stock of pollution is discussed.