Optimal Control Of Age Structured Populations In Economy Demography And The Environment

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Optimal Control of Age-structured Populations in Economy, Demography, and the Environment

Raouf Boucekkine,Natali Hritonenko,Yuri Yatsenko
Optimal Control of Age structured Populations in Economy Demography and the Environment Book PDF

Author : Raouf Boucekkine,Natali Hritonenko,Yuri Yatsenko
Publisher : Routledge
Page : 277 pages
File Size : 51,8 Mb
Release : 2013-05-13
Category : Business & Economics
ISBN : 9781136920929

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Optimal Control of Age-structured Populations in Economy, Demography, and the Environment by Raouf Boucekkine,Natali Hritonenko,Yuri Yatsenko Pdf

This book covers a wide range of topics within mathematical modelling and the optimization of economic, demographic, technological and environmental phenomena. Each chapter is written by experts in their field and represents new advances in modelling theory and practice. These essays are exemplary of the fruitful interaction between theory and practice when exploring global and local changes. The unifying theme of the book is the use of mathematical models and optimization methods to describe age-structured populations in economy, demography, technological change, and the environment. Emphasis is placed on deterministic dynamic models that take age or size structures, delay effects, and non-standard decision variables into account. In addition, the contributions deal with the age structure of assets, resources, and populations under study. Interdisciplinary modelling has enormous potential for discovering new insights in global and regional development. Optimal Control of Age-structured Populations in Economy, Demography, and the Environment is a rich and excellent source of information on state-of-the-art modelling expertise and references. The book provides the necessary mathematical background for readers from different areas, such as applied sciences, management sciences and operations research, which helps guide the development of practical models. As well as this the book also surveys the current practice in applied modelling and looks at new research areas for a general mathematical audience. This book will be of interest primarily to researchers, postgraduate students, as well as a wider scientific community, including those focussing on the subjects of applied mathematics, environmental sciences, economics, demography, management, and operations research.

Optimal Control of Age-structured Populations in Economy, Demography, and the Environment

Raouf Boucekkine,Natali Hritonenko,Yuri Yatsenko
Optimal Control of Age structured Populations in Economy Demography and the Environment Book PDF

Author : Raouf Boucekkine,Natali Hritonenko,Yuri Yatsenko
Publisher : Routledge
Page : 321 pages
File Size : 40,8 Mb
Release : 2013-05-13
Category : Business & Economics
ISBN : 9781136920936

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Optimal Control of Age-structured Populations in Economy, Demography, and the Environment by Raouf Boucekkine,Natali Hritonenko,Yuri Yatsenko Pdf

This book covers a wide range of topics within mathematical modelling and the optimization of economic, demographic, technological and environmental phenomena. Each chapter is written by experts in their field and represents new advances in modelling theory and practice. These essays are exemplary of the fruitful interaction between theory and practice when exploring global and local changes. The unifying theme of the book is the use of mathematical models and optimization methods to describe age-structured populations in economy, demography, technological change, and the environment. Emphasis is placed on deterministic dynamic models that take age or size structures, delay effects, and non-standard decision variables into account. In addition, the contributions deal with the age structure of assets, resources, and populations under study. Interdisciplinary modelling has enormous potential for discovering new insights in global and regional development. Optimal Control of Age-structured Populations in Economy, Demography, and the Environment is a rich and excellent source of information on state-of-the-art modelling expertise and references. The book provides the necessary mathematical background for readers from different areas, such as applied sciences, management sciences and operations research, which helps guide the development of practical models. As well as this the book also surveys the current practice in applied modelling and looks at new research areas for a general mathematical audience. This book will be of interest primarily to researchers, postgraduate students, as well as a wider scientific community, including those focussing on the subjects of applied mathematics, environmental sciences, economics, demography, management, and operations research.

Optimal Control Theory

Suresh P. Sethi
Optimal Control Theory Book PDF

Author : Suresh P. Sethi
Publisher : Springer Nature
Page : 520 pages
File Size : 47,7 Mb
Release : 2022-01-03
Category : Business & Economics
ISBN : 9783030917456

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Optimal Control Theory by Suresh P. Sethi Pdf

This new 4th edition offers an introduction to optimal control theory and its diverse applications in management science and economics. It introduces students to the concept of the maximum principle in continuous (as well as discrete) time by combining dynamic programming and Kuhn-Tucker theory. While some mathematical background is needed, the emphasis of the book is not on mathematical rigor, but on modeling realistic situations encountered in business and economics. It applies optimal control theory to the functional areas of management including finance, production and marketing, as well as the economics of growth and of natural resources. In addition, it features material on stochastic Nash and Stackelberg differential games and an adverse selection model in the principal-agent framework. Exercises are included in each chapter, while the answers to selected exercises help deepen readers’ understanding of the material covered. Also included are appendices of supplementary material on the solution of differential equations, the calculus of variations and its ties to the maximum principle, and special topics including the Kalman filter, certainty equivalence, singular control, a global saddle point theorem, Sethi-Skiba points, and distributed parameter systems. Optimal control methods are used to determine optimal ways to control a dynamic system. The theoretical work in this field serves as the foundation for the book, in which the author applies it to business management problems developed from his own research and classroom instruction. The new edition has been refined and updated, making it a valuable resource for graduate courses on applied optimal control theory, but also for financial and industrial engineers, economists, and operational researchers interested in applying dynamic optimization in their fields.

Feedback Stabilization of Controlled Dynamical Systems

Nicolas Petit
Feedback Stabilization of Controlled Dynamical Systems Book PDF

Author : Nicolas Petit
Publisher : Springer
Page : 354 pages
File Size : 48,5 Mb
Release : 2017-03-23
Category : Technology & Engineering
ISBN : 9783319512983

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Feedback Stabilization of Controlled Dynamical Systems by Nicolas Petit Pdf

This book is a tribute to Professor Laurent Praly and follows on from a workshop celebrating the occasion of his 60th birthday. It presents new and unified visions of the numerous problems that Laurent Praly has worked on in his prolific career: adaptive control, output feedback and observers, stability and stabilization. His main contributions are the central topic of this book. The book collects contributions written by prominent international experts in the control community, addressing a rich variety of topics: emerging ideas, advanced applications, and theoretical concepts. Organized in three sections, the first section covers the field of adaptive control, where Laurent Praly started his career. The second section focuses on stabilization and output feedback, which is also the topic of the second half of his career. Lastly, the third section presents the emerging research that will form Laurent Praly’s scientific legacy.

Mathematical Optimization Theory and Operations Research

Yury Kochetov,Igor Bykadorov,Tatiana Gruzdeva
Mathematical Optimization Theory and Operations Research Book PDF

Author : Yury Kochetov,Igor Bykadorov,Tatiana Gruzdeva
Publisher : Springer Nature
Page : 445 pages
File Size : 45,6 Mb
Release : 2020-09-13
Category : Computers
ISBN : 9783030586577

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Mathematical Optimization Theory and Operations Research by Yury Kochetov,Igor Bykadorov,Tatiana Gruzdeva Pdf

This book constitutes refereed proceedings of the 19th International Conference on Mathematical Optimization Theory and Operations Research, MOTOR 2020, held in Novosibirsk, Russia, in July 2020. Due to the COVID-19 pandemic the conference was held online. The 25 full papers and 8 short papers presented in this volume were carefully reviewed and selected from a total of 102 submissions. The papers in the volume are organised according to the following topical headings: ​combinatorial optimization; mathematical programming; global optimization; game theory and mathematical economics; heuristics and metaheuristics; machine learning and data analysis.

Oligopoly, the Environment and Natural Resources

Luca Lambertini
Oligopoly the Environment and Natural Resources Book PDF

Author : Luca Lambertini
Publisher : Routledge
Page : 360 pages
File Size : 47,9 Mb
Release : 2013-08-21
Category : Business & Economics
ISBN : 9781134613557

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Oligopoly, the Environment and Natural Resources by Luca Lambertini Pdf

Industrial production and consumption patterns rely heavily on the intensive use of both renewable and non-renewable resources and the consequences for the environment can be serious. Following a long period of time where the profit incentives of firms have prevailed over preservation of the environment and the world’s natural resources, a new consensus has emerged concerning the need to regulate firm behaviour, aimed at ensuring the sustainability of the economic system in the long run. This book offers an exhaustive overview of current economic debate about these topics, taking modern oligopoly theory as a benchmark. The first part of the book covers static models dealing with incentives for green research and development, Pigovian taxation, cartels, environmental quality and international trade, as well as the role of corporate social responsibility, public firms and consumer environmental awareness as endogenous regulatory instruments. Then, the author moves on to examine the role of time while drawing from optimal control and differential game theory. This opens the way to the discussion of fair discount rates to ensure the welfare of future generations, as well as the long run sustainability of production and consumption patterns.

Is the Environment a Luxury?

Silvia Tiezzi,Chiara Martini
Is the Environment a Luxury Book PDF

Author : Silvia Tiezzi,Chiara Martini
Publisher : Routledge
Page : 297 pages
File Size : 54,8 Mb
Release : 2014-07-11
Category : Business & Economics
ISBN : 9781317820338

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Is the Environment a Luxury? by Silvia Tiezzi,Chiara Martini Pdf

The purpose of this collection of essays is to shed some light on the complex relationship between environmental quality and the distribution of income. Are the preferences of the poor towards a cleaner environment really different from those of the rich? Environmental economists have traditionally focused on efficiency issues. In their analyses the quality of the environment is usually related to aggregate or average variables, like per capita income; policy recommendations are usually formulated considering efficiency with no regard for equity and also the predicted effects of policies are evaluated in aggregate terms. The essays collected in this volume go into the problem of the relationship between environmental quality and income distribution. The book’s opening essay shows how different theories of economic growth and environmental quality seem to suggest that the higher the level of income the higher is the value of environmental protection. The essays that follow, a mix of already published papers and of papers solicited for this book, analyse the relationship between environmental quality and income distribution from different perspectives (both micro and macro) and on the basis of more than one methodology. This book highlights that the preferences of the poor towards a cleaner environment may differ from those of the rich, but income is also very likely to represent only one factor affecting them. The essays consider other relevant factors affecting preferences for environmental quality. What clearly emerges is that the distribution of costs and benefits of environmental policies is the key for their successful implementation, and that further research is needed to both address the distributional effects themselves and the strategies to mitigate them.

Analyzing Global Environmental Issues

Ariel Dinar,Amnon Rapoport
Analyzing Global Environmental Issues Book PDF

Author : Ariel Dinar,Amnon Rapoport
Publisher : Routledge
Page : 262 pages
File Size : 48,6 Mb
Release : 2013-03-05
Category : Business & Economics
ISBN : 9781136238949

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Analyzing Global Environmental Issues by Ariel Dinar,Amnon Rapoport Pdf

The existence of environmental dilemmas and political conflicts leads us to appreciate the need for individuals and groups to behave strategically in order to achieve their goals and maintain their wellbeing. Global issues such as climate change, resource depletion, and pollution, as well as revolts and protests against corporations, regimes, and other central authorities, are the result of increased levels of externalities among individuals and nations. These all require policy intervention at international and global levels. This book includes chapters by experts proposing game theoretical solutions and applying experimental design to a variety of social issues related to global and international conflicts over natural resources and the environment. The focus of the book is on applications that have policy implications, relevance and, consequently, could lead to the establishment of policy dialogue. The chapters in the book address issues that are global in nature, such as international environmental agreements over climate change, international water management, common pool resources, public goods, international fisheries, international trade, and collective action, protest, and revolt. The book’s main objective is to illustrate the usefulness of game theory and experimental economics in policy making at multiple levels and for various aspects related to global and international issues. The subject area of this book is already widely taught and researched, but it continues to gain popularity, given growing recognition that the environment and natural resources have become more strategic in human behavior.

Preference Data for Environmental Valuation

John Whitehead,Tim Haab,Ju-Chin Huang
Preference Data for Environmental Valuation Book PDF

Author : John Whitehead,Tim Haab,Ju-Chin Huang
Publisher : Routledge
Page : 371 pages
File Size : 47,9 Mb
Release : 2012-03-15
Category : Business & Economics
ISBN : 9781136812217

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Preference Data for Environmental Valuation by John Whitehead,Tim Haab,Ju-Chin Huang Pdf

The monetary valuation of environmental goods and services has evolved from a fringe field of study in the late 1970s and early 1980s to a primary focus of environmental economists over the past decade. Despite its rapid growth, practitioners of valuation techniques often find themselves defending their practices to both users of the results of applied studies and, perhaps more troubling, to other practitioners. One of the more heated threads of this internal debate over valuation techniques revolves around the types of data to use in performing a valuation study. In the infant years of the development of valuation techniques, two schools of thought emerged: the revealed preference school and the stated preference school, the latter of which is perhaps most associated with the contingent valuation method. In the midst of this debate an exciting new approach to non-market valuation was developed in the 1990s: a combination and joint estimation of revealed preference and stated preference data. There are two primary objectives for this book. One objective is to fill a gap in the nonmarket valuation "primer" literature. A number of books have appeared over the past decade that develop the theory and methods of nonmarket valuation but each takes an individual nonmarket valuation method approach. This book considers each of these valuation methods in combination with another method. These relationships can be exploited econometrically to obtain more valid and reliable estimates of willingness-to-pay relative to the individual methods. The second objective is to showcase recent and novel applications of data combination and joint estimation via a set of original, state-of-the-art studies that are contributed by leading researchers in the field. This book will be accessible to economists and consultants working in business or government, as well as an invaluable resource for researchers and students alike.

Climate Change and the Private Sector

Craig Hart
Climate Change and the Private Sector Book PDF

Author : Craig Hart
Publisher : Routledge
Page : 296 pages
File Size : 48,5 Mb
Release : 2013-07-24
Category : Business & Economics
ISBN : 9781135011659

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Climate Change and the Private Sector by Craig Hart Pdf

Climate Change and the Private Sector explores the challenges of transforming our energy infrastructure to become carbon neutral and adapting to climate change in the twenty-first century. It examines the critical role that the private sector must play in these challenges. To transform the global energy complex to be carbon neutral within a time frame designed to prevent irreparable damage to the environment presents unprecedented challenges. The private sector must deploy financial, material, and engineering resources on a scale never before undertaken — with government providing leadership, removing barriers and supporting industry efforts through policies that mobilize markets to achieve environmental objectives. A key element of supporting private sector initiative to address climate change is policies that help form and sustain markets that supply, finance and generate demand for the technologies necessary to transform our energy infrastructure. The characteristics and examples of these policies are explored in detail. Companies that respond to these challenges both by mitigating greenhouse gases and adapting to climate change will enhance their own competitiveness and contribute to society in the process. Companies that embrace the challenge to decarbonize their manufacturing operations, whether in response to regulation (or the threat of regulation) or market opportunities, invariably discover ways to improve their operations in the process that could potentially enhance their ability to produce better products, more efficiently. The book explores examples of companies that have redesigned their products and manufacturing processes, and in doing so transformed themselves and reshaped their industries. As in the case of companies mitigating greenhouse gas emissions, companies that lead their industries in adapting their own operations to a changing physical environment are more likely to ensure their resilience in a changing business environment. This book provides business, policy and academic audiences with an in-depth exploration of the subject, and a practical guide to action.

Generalized Solutions of Operator Equations and Extreme Elements

D.A. Klyushin,S.I. Lyashko,D.A. Nomirovskii,Yu.I. Petunin,Vladimir Semenov
Generalized Solutions of Operator Equations and Extreme Elements Book PDF

Author : D.A. Klyushin,S.I. Lyashko,D.A. Nomirovskii,Yu.I. Petunin,Vladimir Semenov
Publisher : Springer Science & Business Media
Page : 219 pages
File Size : 49,5 Mb
Release : 2011-10-05
Category : Mathematics
ISBN : 9781461406198

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Generalized Solutions of Operator Equations and Extreme Elements by D.A. Klyushin,S.I. Lyashko,D.A. Nomirovskii,Yu.I. Petunin,Vladimir Semenov Pdf

Abstract models for many problems in science and engineering take the form of an operator equation. The resolution of these problems often requires determining the existence and uniqueness of solutions to these equations. "Generalized Solutions of Operator Equations and Extreme Elements" presents recently obtained results in the study of the generalized solutions of operator equations and extreme elements in linear topological spaces. The presented results offer new methods of identifying these solutions and studying their properties. These new methods involve the application of a priori estimations and a general topological approach to construct generalized solutions of linear and nonlinear operator equations. The monograph is intended for mathematicians, graduate students and researchers studying functional analysis, operator theory, and the theory of optimal control.

The Economics of Biodiversity and Ecosystem Services

Shunsuke Managi
The Economics of Biodiversity and Ecosystem Services Book PDF

Author : Shunsuke Managi
Publisher : Routledge
Page : 258 pages
File Size : 42,8 Mb
Release : 2012-12-20
Category : Business & Economics
ISBN : 9781136224478

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The Economics of Biodiversity and Ecosystem Services by Shunsuke Managi Pdf

Ecosystems and biodiversity have been degraded over decades due to human activities. One of the critical causes is market failure: the current market only accounts tangible resources and neglects intangible functions, such as climate control and natural hazard mitigation. Under such circumstances in capitalism, land conversion and resource exploitation, which generate financial income, are highly prioritised over conservation, which is not necessarily beneficial in monetary terms. To halt ecosystem degradation, thus, the values of ecosystem services need to be visualised and economic instruments for ecosystem conservation should be further developed. This book focuses on these two aspects and performs several studies, including valuation of ecosystem services, productivity analysis, institutional design of payment for ecosystem services (PES), impact assessment of reduction emission from deforestation and forest degradation (REDD), and economic experiment of mitigation banking scheme. From these analysis, economic values of ecosystem services are demonstrated from both supply and demand side, and the directions for improving economic instruments are indicated both directly and indirectly. As many of these analysis are usually conducted in the North America and Europe, this book is unique in geographical focus, namely, Japan, Asia and globe. Also, wide variety of ecosystems are targeted for studies; agricultural lands, forests, wetlands, and marine. Hence, this will be informative introduction for those who desire to study economics of biodiversity and ecosystem services in these regions and of these ecological zones.

Carbon Markets or Climate Finance

Axel Michaelowa
Carbon Markets or Climate Finance Book PDF

Author : Axel Michaelowa
Publisher : Routledge
Page : 272 pages
File Size : 47,7 Mb
Release : 2012-01-16
Category : Business & Economics
ISBN : 9781136471254

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Carbon Markets or Climate Finance by Axel Michaelowa Pdf

This book builds on a decade-long experience with mechanisms provided by the Kyoto Protocol and the UN Framework Convention on Climate Change. It discusses the challenges of climate finance in the context of the post-Copenhagen negotiations and provides a long-term outlook of how climate finance in developing countries could develop. Written by climate finance experts from academia, carbon finance businesses and international organisations, the book provides background, firsthand insights, case studies and analysis into the complex subject area of climate finance.

Entrepreneurship and Management in Forestry and Wood Processing

Franz Schmithüsen,Bastian Kaiser,Albin Schmidhauser,Stephan Mellinghoff,Karoline Perchthaler,Alfred Kammerhofer
Entrepreneurship and Management in Forestry and Wood Processing Book PDF

Author : Franz Schmithüsen,Bastian Kaiser,Albin Schmidhauser,Stephan Mellinghoff,Karoline Perchthaler,Alfred Kammerhofer
Publisher : Routledge
Page : 528 pages
File Size : 52,6 Mb
Release : 2015-05-08
Category : Business & Economics
ISBN : 9781134652143

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Entrepreneurship and Management in Forestry and Wood Processing by Franz Schmithüsen,Bastian Kaiser,Albin Schmidhauser,Stephan Mellinghoff,Karoline Perchthaler,Alfred Kammerhofer Pdf

Forestry has long been in a rather favourable position in offering a valuable raw material source in high demand. However, with rapidly changing end-user demands and cost competitiveness within the forest and wood chain as a whole, the industry is needing to adapt. Explaining entrepreneurial action as part of a chain of comprehensive value-added processes leads to a new perception of forest production and wood processing. This book applies the main concepts of modern managerial science to the world of forestry and is the perfect book for students studying forestry and wood processing, as well as entrepreneurs and managers within the sector. Topics are covered from an entrepreneurial perspective and include perspectives from accounting, finance, economics, supply chain management, marketing and strategy.

Implementing a US Carbon Tax

Ian Parry,Adele Morris,Roberton C. Williams III
Implementing a US Carbon Tax Book PDF

Author : Ian Parry,Adele Morris,Roberton C. Williams III
Publisher : Routledge
Page : 307 pages
File Size : 49,9 Mb
Release : 2015-02-11
Category : Business & Economics
ISBN : 9781317602088

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Implementing a US Carbon Tax by Ian Parry,Adele Morris,Roberton C. Williams III Pdf

Although the future extent and effects of global climate change remain uncertain, the expected damages are not zero, and risks of serious environmental and macroeconomic consequences rise with increasing atmospheric greenhouse gas concentrations. Despite the uncertainties, reducing emissions now makes sense, and a carbon tax is the simplest, most effective, and least costly way to do this. At the same time, a carbon tax would provide substantial new revenues which may be badly needed, given historically high debt-to-GDP levels, pressures on social security and medical budgets, and calls to reform taxes on personal and corporate income. This book is about the practicalities of introducing a carbon tax, set against the broader fiscal context. It consists of thirteen chapters, written by leading experts, covering the full range of issues policymakers would need to understand, such as the revenue potential of a carbon tax, how the tax can be administered, the advantages of carbon taxes over other mitigation instruments and the environmental and macroeconomic impacts of the tax. A carbon tax can work in the United States. This volume shows how, by laying out sound design principles, opportunities for broader policy reforms, and feasible solutions to specific implementation challenges.