Title: Dynamic Optimization in Environmental Economics (Dynamic Modeling and Econometrics in Economics and Finance, 15)
Publisher: Springer
Publication Date: 2016
Language: English
ISBN 10: 3662511924
ISBN 13: 9783662511923
Binding: Soft cover
Condition: New

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Synopsis

The book presents new developments in the dynamic modeling and optimization methods in environmental economics and provides a huge range of applications dealing with the economics of natural resources, the impacts of climate change and of environmental pollution, and respective policy measures. The interrelationship between economic activities and environmental quality, the development of cleaner technologies, the switch from fossil to renewable resources and the proper use of policy instruments play an important role along the path towards a sustainable future. Biological, physical and economic processes are naturally involved in the subject, and postulate the main modelling, simulation and decision-making tools: the methods of dynamic optimization and dynamic games.

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