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
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Thomas F. Stocker & Andreas Schmittner, 1997. "Influence of CO2 emission rates on the stability of the thermohaline circulation," Nature, Nature, vol. 388(6645), pages 862-865, August.
- Tsur, Yacov & Zemel, Amos, 1998.
"Pollution control in an uncertain environment,"
Journal of Economic Dynamics and Control, Elsevier, vol. 22(6), pages 967-975, June.
- Tsur, Yacov & Zemel, Amos, 1996. "Pollution Control in an Uncertain Environment," Working Papers 232687, Hebrew University of Jerusalem, Center for Agricultural Economic Research.
- Kenneth L. Judd, 1998. "Numerical Methods in Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262100711, April.
- Skiba, A K, 1978. "Optimal Growth with a Convex-Concave Production Function," Econometrica, Econometric Society, vol. 46(3), pages 527-539, May.
- Tsur Yacov & Zemel Amos, 1995.
"Uncertainty and Irreversibility in Groundwater Resource Management,"
Journal of Environmental Economics and Management, Elsevier, vol. 29(2), pages 149-161, September.
- Tsur, Yacov & Zemel, Amos, 1994. "Uncertainty And Irreversibility In Groundwater Resource Management," Staff Papers 13590, University of Minnesota, Department of Applied Economics.
- Eric Nævdal, 2001.
"Optimal Regulation of Eutrophying Lakes, Fjords, and Rivers in the Presence of Threshold Effects,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(4), pages 972-984.
- Naevdal, Eric, 1999. "Optimal Regulation Of Eutrophying Lakes, Fjords And Rivers In The Presence Of Threshold Effects," 1999 Annual meeting, August 8-11, Nashville, TN 21619, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Partha Dasgupta & Geoffrey Heal, 1974. "The Optimal Depletion of Exhaustible Resources," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(5), pages 3-28.
- W.A. Brock & D. Starrett, 2003. "Managing Systems with Non-convex Positive Feedback," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 26(4), pages 575-602, December.
- Seierstad, Atle, 2003. "Piecewise deterministic optimal control problems," Memorandum 39/2003, Oslo University, Department of Economics.
- Tsur, Yacov & Zemel, Amos, 1996. "Accounting for global warming risks: Resource management under event uncertainty," Journal of Economic Dynamics and Control, Elsevier, vol. 20(6-7), pages 1289-1305.
- Farzin, Y. H., 1996. "Optimal pricing of environmental and natural resource use with stock externalities," Journal of Public Economics, Elsevier, vol. 62(1-2), pages 31-57, October.
- Keller, Klaus & Bolker, Benjamin M. & Bradford, D.F.David F., 2004. "Uncertain climate thresholds and optimal economic growth," Journal of Environmental Economics and Management, Elsevier, vol. 48(1), pages 723-741, July.
- Clarke, Harry R. & Reed, William J., 1994. "Consumption/pollution tradeoffs in an environment vulnerable to pollution-related catastrophic collapse," Journal of Economic Dynamics and Control, Elsevier, vol. 18(5), pages 991-1010, September.
- Michael Oppenheimer, 1998. "Global warming and the stability of the West Antarctic Ice Sheet," Nature, Nature, vol. 393(6683), pages 325-332, May.
- Cropper, M. L., 1976. "Regulating activities with catastrophic environmental effects," Journal of Environmental Economics and Management, Elsevier, vol. 3(1), pages 1-15, June.
- Robert E. Lucas, Jr., 1971. "Optimal Management of a Research and Development Project," Management Science, INFORMS, vol. 17(11), pages 679-697, July.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- repec:pri:wwseco:dp224 is not listed on IDEAS
- Brozovic, Nicholas & Schlenker, Wolfram, 2011. "Optimal management of an ecosystem with an unknown threshold," Ecological Economics, Elsevier, vol. 70(4), pages 627-640, February.
- Polasky, Stephen & de Zeeuw, Aart & Wagener, Florian, 2011.
"Optimal management with potential regime shifts,"
Journal of Environmental Economics and Management, Elsevier, vol. 62(2), pages 229-240, September.
- De Zeeuw, A. & Polasky, S. & Wagener, F.O.O., 2010. "Optimal Management with Potential Regime Shifts," CeNDEF Working Papers 10-10, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance.
- Stephen Polasky & Aart de Zeeuw & Florian Wagener, 2010. "Optimal Management with Potential Regime Shifts," CESifo Working Paper Series 3237, CESifo.
- Stephen Polasky & Aart de Zeeuw & Florian Wagener, 2010. "Optimal Management with Potential Regime Shifts," Tinbergen Institute Discussion Papers 10-111/1, Tinbergen Institute.
- Naevdal, Eric & Oppenheimer, Michael, 2007. "The economics of the thermohaline circulation--A problem with multiple thresholds of unknown locations," Resource and Energy Economics, Elsevier, vol. 29(4), pages 262-283, November.
- Leizarowitz, Arie & Tsur, Yacov, 2012. "Renewable resource management with stochastic recharge and environmental threats," Journal of Economic Dynamics and Control, Elsevier, vol. 36(5), pages 736-753.
- Michael Margolis & Eric Nævdal, 2008.
"Safe Minimum Standards in Dynamic Resource Problems: Conditions for Living on the Edge of Risk,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 40(3), pages 401-423, July.
- Margolis, Michael & Naevdal, Eric, 2004. "Safe Minimum Standards in Dynamic Resource Problems -- Conditions for Living on the Edge of Risk," Discussion Papers 10568, Resources for the Future.
- Margolis, Michael & Naevdal, Eric, 2004. "Safe Minimum Standards in Dynamic Resource Problems—Conditions for Living on the Edge of Risk," RFF Working Paper Series dp-04-03, Resources for the Future.
- Bommier, Antoine & Lanz, Bruno & Zuber, Stéphane, 2015.
"Models-as-usual for unusual risks? On the value of catastrophic climate change,"
Journal of Environmental Economics and Management, Elsevier, vol. 74(C), pages 1-22.
- Antoine Bommier & Bruno Lanz & Stéphane Zuber, 2013. "Models-as-Usual for Unusual Risks? On the Value of Catastrophic Climate Change," CIES Research Paper series 21-2013, Centre for International Environmental Studies, The Graduate Institute.
- Stéphane Zuber & Bruno Lanz & Antoine Bommier, 2015. "Models-as-usual for unusual risks? On the value of catastrophic climate change," Post-Print hal-01199503, HAL.
- Stéphane Zuber & Bruno Lanz & Antoine Bommier, 2015. "Models-as-usual for unusual risks? On the value of catastrophic climate change," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01199503, HAL.
- Antoine Bommier & Bruno Lanz & Stéphane Zuber, 2014. "Models-as-Usual for Unusual Risks? On the Value of Catastrophic Climate Change," Post-Print halshs-00973491, HAL.
- Stéphane Zuber & Bruno Lanz & Antoine Bommier, 2015. "Models-as-usual for unusual risks? On the value of catastrophic climate change," PSE-Ecole d'économie de Paris (Postprint) hal-01199503, HAL.
- Antoine Bommier & Bruno Lanz & Stéphane Zuber, 2014. "Models-as-Usual for Unusual Risks? On the Value of Catastrophic Climate Change," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00973491, HAL.
- Lemoine, Derek M. & Traeger, Christian P., 2010.
"Tipping Points and Ambiguity in the Economics of Climate Change,"
CUDARE Working Papers
98127, University of California, Berkeley, Department of Agricultural and Resource Economics.
- Derek M. Lemoine & Christian P. Traeger, 2012. "Tipping Points and Ambiguity in the Economics of Climate Change," NBER Working Papers 18230, National Bureau of Economic Research, Inc.
- Lemoine, Derek M. & Traeger, Christian P., 2011. "Tipping points and ambiguity in the economics of climate change," CUDARE Working Papers 120349, University of California, Berkeley, Department of Agricultural and Resource Economics.
- Lemoine, Derek M. & Traeger, Christian P., 2011. "Tipping points and ambiguity in the economics of climate change," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt9nd591ww, Department of Agricultural & Resource Economics, UC Berkeley.
- Karp, Larry S. & Tsur, Yacov, 2007.
"Climate Policy When the Distant Future Matters: Catastrophic Events with Hyperbolic Discounting,"
CUDARE Working Papers
7186, University of California, Berkeley, Department of Agricultural and Resource Economics.
- Karp, Larry S. & Tsur, Yacov, 2007. "Climate Policy When The Distant Future Matters: Catastrophic Events With Hyperbolic Discounting," Discussion Papers 7181, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
- Karp, Larry & Tsur, Yacov, 2007. "Climate Policy When the Distant Future Matters: Catastrophic Events with Hyperbolic Discounting," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt99n7v1bp, Department of Agricultural & Resource Economics, UC Berkeley.
- Antoine Bommier & Bruno Lanz & Stéphane Zuber, 2014. "Fair management of social risk," Documents de travail du Centre d'Economie de la Sorbonne 14017, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Yacov Tsur & Amos Zemel, 2016.
"The Management of Fragile Resources: A Long Term Perspective,"
Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 65(3), pages 639-655, November.
- Tsur, Yacov & Zemel, Amos, 2015. "The management of fragile resources: A long term perspective," Discussion Papers 290043, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
- Tsur, Yacov & Zemel, Amos, 2002. "Endangered Aquifers: Groundwater Management Under Threats Of Catastrophic Events," Discussion Papers 14993, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
- Tsur, Yacov & Zemel, Amos, 1998.
"Pollution control in an uncertain environment,"
Journal of Economic Dynamics and Control, Elsevier, vol. 22(6), pages 967-975, June.
- Tsur, Yacov & Zemel, Amos, 1996. "Pollution Control in an Uncertain Environment," Working Papers 232687, Hebrew University of Jerusalem, Center for Agricultural Economic Research.
- Tsur, Yacov & Zemel, Amos, 2001. "The infinite horizon dynamic optimization problem revisited: A simple method to determine equilibrium states," European Journal of Operational Research, Elsevier, vol. 131(3), pages 482-490, June.
- Charles Sims & David Finnoff, 2016. "Opposing Irreversibilities and Tipping Point Uncertainty," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 3(4), pages 985-1022.
- Chen, Yong & Jayaprakash, Ciriyam & Irwin, Elena, 2012. "Threshold management in a coupled economic–ecological system," Journal of Environmental Economics and Management, Elsevier, vol. 64(3), pages 442-455.
- Tsur, Yacov & Zemel, Amos, 2012. "Dynamic and stochastic analysis of environmental and natural resources," Discussion Papers 120017, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
- Sakamoto, Hiroaki, 2014.
"Dynamic resource management under the risk of regime shifts,"
Journal of Environmental Economics and Management, Elsevier, vol. 68(1), pages 1-19.
- Hiro Sakamoto, 2013. "A dynamic common-property resource problem with potential regime shifts," Discussion papers e-12-012, Graduate School of Economics Project Center, Kyoto University.
- Fesselmeyer, Eric & Santugini, Marc, 2013.
"Strategic exploitation of a common resource under environmental risk,"
Journal of Economic Dynamics and Control, Elsevier, vol. 37(1), pages 125-136.
- Eric Fesselmeyer & Marc Santugini, 2009. "Strategic Exploitation of a Common Resource under Environmental Risk," Cahiers de recherche 09-08, HEC Montréal, Institut d'économie appliquée, revised Feb 2012.
- Eric Fesselmeyer & Marc Santugini, 2011. "Strategic Exploitation of a Common Resource under Environmental Risk," Cahiers de recherche 1131, CIRPEE.
- Tsur, Yacov & Zemel, Amos, 2006.
"Welfare measurement under threats of environmental catastrophes,"
Journal of Environmental Economics and Management, Elsevier, vol. 52(1), pages 421-429, July.
- Tsur, Yacov & Zemel, Amos, 2005. "Welfare Measurement Under Threats Of Environmental Catastrophes," Discussion Papers 14987, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
- Ren, Bijie & Polasky, Stephen, 2014. "The optimal management of renewable resources under the risk of potential regime shift," Journal of Economic Dynamics and Control, Elsevier, vol. 40(C), pages 195-212.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:dyncon:v:30:y:2006:i:7:p:1131-1158. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jedc .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.