A Constrained Markovian Diffusion Model for Controlling the Pollution Accumulation
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- Kawaguchi, Kazuhito & Morimoto, Hiroaki, 2007. "Long-run average welfare in a pollution accumulation model," Journal of Economic Dynamics and Control, Elsevier, vol. 31(2), pages 703-720, February.
- Broadie, Mark & Cvitanic, Jaksa & Soner, H Mete, 1998. "Optimal Replication of Contingent Claims under Portfolio Constraints," The Review of Financial Studies, Society for Financial Studies, vol. 11(1), pages 59-79.
- Morimoto,Hiroaki, 2010. "Stochastic Control and Mathematical Modeling," Cambridge Books, Cambridge University Press, number 9780521195034, October.
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- Beatris Adriana Escobedo-Trujillo & José Daniel López-Barrientos & Carmen Geraldi Higuera-Chan & Francisco Alejandro Alaffita-Hernández, 2023. "Robust Statistic Estimation in Constrained Optimal Control Problems of Pollution Accumulation (Part II: Markovian Switchings)," Mathematics, MDPI, vol. 11(4), pages 1-22, February.
- Beatris Adriana Escobedo-Trujillo & José Daniel López-Barrientos & Carmen Geraldi Higuera-Chan & Francisco Alejandro Alaffita-Hernández, 2023. "Robust Statistic Estimation of Constrained Optimal Control Problems of Pollution Accumulation (Part I)," Mathematics, MDPI, vol. 11(4), pages 1-19, February.
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dynamic programming; lagrange multipliers; numeric approximation;All these keywords.
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