From 0D to 1D spatial models using OCMat

Dieter Grass

Papers from arXiv.org

Abstract: We show that the standard class of optimal control models in OCMat can be used to analyze 1D spatial distributed systems. This approach is an intermediate step on the way to the FEM discretization approach presented in Grass and Uecker (2015). Therefore, the spatial distributed model is transformed into a standard model by a finite difference discretization. This (high dimensional) standard model is then analyzed using OCMAT. As an example we apply this method to the spatial distributed shallow lake model formulated in Brock and Xepapadeas (2008). The results are then compared with those of the FEM discretization in GRass and Uecker (2015)

Date: 2015-05
New Economics Papers: this item is included in nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://arxiv.org/pdf/1505.03956 Latest version (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:arx:papers:1505.03956

Access Statistics for this paper

More papers in Papers from arXiv.org
Bibliographic data for series maintained by arXiv administrators ().