IDEAS home Printed from https://ideas.repec.org/a/kap/enreec/v5y1995i3p287-304.html
   My bibliography  Save this article

Controlling a dam to environmentally acceptable standards through the use of a Decision Support Tool

Author

Listed:
  • J. Krawczyk

Abstract

We aim to establish a simple mathematical tool that could be used to set an “appropriate” level for the environmental levy which would allow a dam operator to remain profitable, yet also to ensure that the operator's policy is environmentally acceptable. We shall use Bellman's principle of optimality to solve an optimal control problem which will simulate the Station Operator's behaviour. The problem of the Regulatory Authority is multi-criteria and will be solved through aDecision Support Tool. The degree of fulfilment of the criteria will be a function of the target lake level, target extraction rate, and the level of the environmental levy. We will investigate the extent to which the targets are satisfied when the levy is altered. Copyright Kluwer Academic Publishers 1995

Suggested Citation

  • J. Krawczyk, 1995. "Controlling a dam to environmentally acceptable standards through the use of a Decision Support Tool," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 5(3), pages 287-304, April.
  • Handle: RePEc:kap:enreec:v:5:y:1995:i:3:p:287-304
    DOI: 10.1007/BF00691521
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/BF00691521
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1007/BF00691521?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Tietenberg, T H, 1990. "Economic Instruments for Environmental Regulation," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 6(1), pages 17-33, Spring.
    Full references (including those not matched with items on IDEAS)

    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.
    1. Sims, Katharine R.E. & Alix-Garcia, Jennifer M., 2017. "Parks versus PES: Evaluating direct and incentive-based land conservation in Mexico," Journal of Environmental Economics and Management, Elsevier, vol. 86(C), pages 8-28.
    2. Considine, Timothy J. & Larson, Donald F., 2006. "The environment as a factor of production," Journal of Environmental Economics and Management, Elsevier, vol. 52(3), pages 645-662, November.
    3. Niklas Harring & Sverker C. Jagers, 2013. "Should We Trust in Values? Explaining Public Support for Pro-Environmental Taxes," Sustainability, MDPI, vol. 5(1), pages 1-18, January.
    4. Stavins, Robert & Hahn, Robert & Cavanagh, Sheila, 2001. "National Environmental Policy During the Clinton Years," RFF Working Paper Series dp-01-38, Resources for the Future.
    5. Fabio D'Orlando, 2018. "Problems, solutions and new problems with the third wave of technological unemployment," Working Papers 2018-02, Universita' di Cassino, Dipartimento di Economia e Giurisprudenza.
    6. Jean Tirole, 2008. "Some Economics of Global Warming," Rivista di Politica Economica, SIPI Spa, vol. 98(6), pages 9-42, November-.
    7. Peifang Yang & Daniel T. Kaffine, 2016. "Community-Based Tradable Permits for Localized Pollution," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 65(4), pages 773-788, December.
    8. Jaraitė, Jūratė & Di Maria, Corrado, 2012. "Efficiency, productivity and environmental policy: A case study of power generation in the EU," Energy Economics, Elsevier, vol. 34(5), pages 1557-1568.
    9. Zhongxiang Zhang, 1994. "Setting Targets and the Choice of Policy Instruments for Limiting CO2 Emissions1," Energy & Environment, , vol. 5(4), pages 327-341, December.
    10. Joost Pennings & Willem Heijman & Matthew Meulenberg, 1997. "The Dimensions of Rights: A Classification of Environmental Rights and Production Rights," European Journal of Law and Economics, Springer, vol. 4(1), pages 55-72, January.
    11. Vaughan, William J. & Ardila, Sergio, 1993. "Economic Analysis of the Environmental Aspects of Investment Projects," IDB Publications (Working Papers) 6300, Inter-American Development Bank.
    12. Anastasia Christodoulou & Dimitrios Dalaklis & Aykut I. Ölçer & Peyman Ghaforian Masodzadeh, 2021. "Inclusion of Shipping in the EU-ETS: Assessing the Direct Costs for the Maritime Sector Using the MRV Data," Energies, MDPI, vol. 14(13), pages 1-20, June.
    13. Li, Jun & Wang, Xin, 2012. "Energy and climate policy in China's twelfth five-year plan: A paradigm shift," Energy Policy, Elsevier, vol. 41(C), pages 519-528.
    14. Bovenberg, A. Lans & Goulder, Lawrence H. & Jacobsen, Mark R., 2008. "Costs of alternative environmental policy instruments in the presence of industry compensation requirements," Journal of Public Economics, Elsevier, vol. 92(5-6), pages 1236-1253, June.
    15. Simon Niemeyer, 1998. "Consumer-based carbon reduction incentives," Working Papers in Ecological Economics 9805, Australian National University, Centre for Resource and Environmental Studies, Ecological Economics Program.
    16. Klenert, David & Mattauch, Linus, 2016. "How to make a carbon tax reform progressive: The role of subsistence consumption," Economics Letters, Elsevier, vol. 138(C), pages 100-103.
    17. Hahn, Robert W., 2000. "The Impact of Economics on Environmental Policy," Journal of Environmental Economics and Management, Elsevier, vol. 39(3), pages 375-399, May.
    18. Ertör-Akyazi, Pinar & Akçay, Çağlar, 2021. "Moral intuitions predict pro-social behaviour in a climate commons game," Ecological Economics, Elsevier, vol. 181(C).
    19. Coglianese, Cary & Lazer, David, 2001. "Management-Based Regulation: Using Private-Sector Management to Achieve Public Goals," Working Paper Series rwp01-047, Harvard University, John F. Kennedy School of Government.
    20. repec:ilo:ilowps:290739 is not listed on IDEAS
    21. ZhongXiang Zhang & Henk Folmer, 1995. "The choice of policy instruments for the control of carbon dioxide emissions," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 30(3), pages 133-142, May.

    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:kap:enreec:v:5:y:1995:i:3:p:287-304. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.