Environmental degradation and indeterminacy of equilibrium selection

DOI10.3934/DCDSB.2021179MaRDI QIDQ2238306zbMATH OpenOpenAlexFDO

Authors Angelo Antoci, Marcello Galeotti, M. Sodini

Publication date 1 November 2021

Published in Discrete and Continuous Dynamical Systems. Series B (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3934/dcdsb.2021179

zbMATH Keywords

economic growth modelenvironmental depletionglobal analysisglobal indeterminacypoverty trap

Mathematics Subject Classification ID

Topological structure of integral curves, singular points, limit cycles of ordinary differential equations (34C05) Qualitative investigation and simulation of ordinary differential equation models (34C60) Convex programming (90C25) Economic growth models (91B62)

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Cites work

• Global indeterminacy and equilibrium selection in a model with depletion of non-renewable resources
• Growth and business cycles with equilibrium indeterminacy
• scientific article; zbMATH DE number 3476831 (Why is no real title available?)
• scientific article; zbMATH DE number 7159745 (Why is no real title available?)
• Impatience, pollution, and indeterminacy
• Linear production function, externalities and indeterminacy in a capital-resource growth model
• Living in an uncertain world: environment substitution, local and global indeterminacy
• Nearest feasible paths in optimization control problems: Theory, examples, and counterexamples
• Optimal Growth with a Convex-Concave Production Function
• Poverty trap and global indeterminacy in a growth model with open-access natural resources
• Shilnikov chaos in the Lucas model of endogenous growth
• Substitution Among Exhaustible Resources and Intergenerational Equity
• The environmental Kuznets curve and equilibrium indeterminacy

Cited in

(10)

• Land use dynamics and the environment
• Living in an uncertain world: environment substitution, local and global indeterminacy
• Indeterminacy and pollution haven hypothesis in a dynamic general equilibrium model
• Sustainability, indeterminacy and oscillations in a growth model with environmental assets
• Undesirable growth, oscillations and indeterminacy in an economy with private substitutes for environmental goods
• Undesirable economic growth via agents' self-protection against environmental degradation
• COMPETING FOR ENDOGENOUS INFORMATION IN AN IRREVERSIBLE ENVIRONMENTAL RESOURCE PROBLEM: A GAME-THEORETIC ANALYSIS
• Consumption/pollution tradeoffs in an environment vulnerable to pollution-related catastrophic collapse
• Impatience, pollution, and indeterminacy
• The role of taxation in an integrated economic-environmental model: a dynamical analysis

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