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Ecological and economic model of optimal management with the linear function of usefulness

Author

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  • Tadeyev Yuriy P.

    (Kyiv National University named after T. Shevchenko)

Abstract

The article studies an ecological and economic model of optimal management with the linear function of usefulness. The model takes into account investments into production funds, into intellectual capital as a part of human capital, and into protection of environment. Among a multitude of possible stationary equilibrium states the article studies in detail four states that satisfy necessary conditions of optimality: equilibrium of the golden age, equilibrium of the intellectual age, equilibrium of the ecological age and equilibrium of the dark age.

Suggested Citation

  • Tadeyev Yuriy P., 2013. "Ecological and economic model of optimal management with the linear function of usefulness," The Problems of Economy, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), issue 2, pages 284-287.
    • Handle: RePEc:idp:redpoe:y:2013:i:2:p:284_287
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