Distributed Optimal Control Models in Environmental Economics: A Review

Emmanuelle Augeraud-Véron, Raouf Boucekkine () and Vladimir Veliov ()

No 1902, AMSE Working Papers from Aix-Marseille School of Economics, France

Abstract: We review the most recent advances in distributed optimal control applied to environmental economics, covering in particular problems where the state dynamics are governed by partial differential equations (PDEs). This is a quite fresh application area of distributed optimal control, which has already suggested several new mathematical research lines due to the specificities of the environmental economics problems involved. We enhance the latter through a survey of the variety of themes and associated mathematical structures beared by this literature. We also provide a quick tour of the existing tools in the theory of distributed optimal control that have been applied so far in environmental economics

Keywords: environmental economics; distributed systems; optimal control; partial differential equations (search for similar items in EconPapers)
JEL-codes: C60 C61 Q50 Q57 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2019-01
New Economics Papers: this item is included in nep-env
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Citations: View citations in EconPapers (7)

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Working Paper: Distributed Optimal Control Models in Environmental Economics: A Review (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:aim:wpaimx:1902

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