The control of environmental pollution and optimal investment and employment decisions

IF 2 4区 计算机科学 Q3 AUTOMATION & CONTROL SYSTEMS
Winston T. Lin
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引用次数: 8

Abstract

This paper develops an optimal control model for the firm's decision-making concerning pollution control spending, employment and investment. The model explicitly considers the impact of adjustment costs of changing the level of the pollution stock and involves three state variables and two control variables. Necessary conditions are derived by the maximum principle. The results include an optimal employment-investment-pollution abatement programme, an optimal pollution control decision rule, the equilibrium optimal pollution control and spending plan, and the equilibrium employment-investment decision.
环境污染控制与最优投资与就业决策
本文建立了企业污染控制支出、就业和投资决策的最优控制模型。该模型明确考虑了改变污染存量水平的调整成本的影响,涉及3个状态变量和2个控制变量。根据最大值原理推导出必要条件。结果包括最优就业-投资-污染治理方案、最优污染控制决策规则、均衡最优污染控制和支出计划以及均衡就业-投资决策。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Optimal Control Applications & Methods
Optimal Control Applications & Methods 工程技术-应用数学
CiteScore
3.90
自引率
11.10%
发文量
108
审稿时长
3 months
期刊介绍: Optimal Control Applications & Methods provides a forum for papers on the full range of optimal and optimization based control theory and related control design methods. The aim is to encourage new developments in control theory and design methodologies that will lead to real advances in control applications. Papers are also encouraged on the development, comparison and testing of computational algorithms for solving optimal control and optimization problems. The scope also includes papers on optimal estimation and filtering methods which have control related applications. Finally, it will provide a focus for interesting optimal control design studies and report real applications experience covering problems in implementation and robustness.
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