Bifurcations of optimal vector fields in the shallow lake system

Tatiana Kiseleva and Florian Wagener

No 08-01, CeNDEF Working Papers from Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance

Abstract: The shallow lake problem is a nonconvex production-pollution dynamic optimisation problem whose solution structure depends nonlinearly on the system parameters. We perform a bifurcation analysis to investigate the consequences of varying the relative cost of pollution and the discount rate.

Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://cendef.uva.nl/binaries/content/assets/subsi ... te.pdf?1417182633907 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ams:ndfwpp:08-01

Access Statistics for this paper

More papers in CeNDEF Working Papers from Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance Dept. of Economics and Econometrics, Universiteit van Amsterdam, Roetersstraat 11, NL - 1018 WB Amsterdam, The Netherlands. Contact information at EDIRC.
Bibliographic data for series maintained by Cees C.G. Diks ().