Consumption/pollution tradeoffs in an environment vulnerable to pollution-related catastrophic collapse

DOI10.1016/0165-1889(94)90042-6zbMATH Open0802.90026OpenAlexW2020620337MaRDI QIDQ5906563FDOQ5906563

Authors: Harry R. Clarke, William J. Reed 

Publication date: 10 August 1994

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(94)90042-6

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zbMATH Keywords

pollutiondynamic environmental renewal processrisk of irreversible environmental catastrophe

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Economic growth models (91B62) Application models in control theory (93C95)

Cites Work

• Optimal pollution control with a nonconstant exponential rate of decay
• Title not available (Why is that?)
• Regulating activities with catastrophic environmental effects
• OPTIMAL INVESTMENT IN THE PROTECTION OF A VULNERABLE BIOLOGICAL RESOURCE
• Optimal Maintenance and Sale Age for a Machine Subject to Failure
• The effects of the risk of fire on the optimal rotation of a forest
• Optimal pollution control, irreversibilities, and the value of future information
• Title not available (Why is that?)
• The conservation and exploitation of vulnerable resources

Cited In (28)

• Mathematical modeling of drought resilience in agriculture
• Preparing for catastrophic climate change
• Regime shifts and uncertainty in pollution control
• Ecological collapse of Easter Island and the role of price fixing
• When Does Compromise Prevent More Pollution?
• Renewable resource management with stochastic recharge and environmental threats
• Assessing the economic trade-offs between prevention and suppression of Forest fires
• An integrated approach to analyzing risk in bioeconomic models
• Pollution control in an uncertain environment
• Managing the endogenous risk of disease outbreaks with non-constant background risk
• Optimality of irreversible pollution accumulation
• Accounting for global warming risks: Resource management under event uncertainty
• Dynamic optimisation in the presence of threshold effects when the location of the threshold is uncertain -- with an application to a possible disintegration of the Western Antarctic Ice Sheet
• Is social polarization bad for the planet? A theoretical inquiry
• The economics of the global environment. Catastrophic risks in theory and policy
• What can catastrophic events tell us about sustainability?
• The infinite horizon dynamic optimization problem revisited: A simple method to determine equilibrium states
• On the dynamics of competing energy sources
• Optimal taxation with endogenous population growth and the risk of environmental disaster
• Can harmful events be another source of environmental traps?
• Sustainable growth and environmental catastrophes
• Optimal adaptation strategies to face shocks on groundwater resources
• Resource consumption, sustainability, and cancer
• Fishery policy when considering the future opportunity of harvesting
• A theory of disasters and long-run growth
• Title not available (Why is that?)
• The optimal management of renewable resources under the risk of potential regime shift
• Creative destruction vs destructive destruction: a Schumpeterian approach for adaptation and mitigation

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