Marketable permits in a stochastic dynamic model of the firm

DOI10.1007/BF02192645zbMath0866.90028MaRDI QIDQ2564179

Richard F. Hartl, Peter M. Kort

Publication date: 7 January 1997

Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)

zbMATH Keywords

Hamilton-Jacobi-Bellman equationpollutionenvironmental regulationgrowth of an individual firmmarketable permits

Mathematics Subject Classification ID

Application models in control theory (93C95) Production theory, theory of the firm (91B38) Optimal stochastic control (93E20) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Cites Work

• Unnamed Item
• Unnamed Item
• Optimal dynamic environmental policies of a profit maximizing firm
• Dynamic limit pricing and internal finance

This page was built for publication: Marketable permits in a stochastic dynamic model of the firm