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Distributed Optimal Control Models in Environmental Economics: A Review

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Abstract

We review the most recent advances in distributed optimal control applied to environmental economics, covering in particular problems where the state dynamics are governed by partial differential equations (PDEs). This is a quite fresh application area of distributed optimal control, which has already suggested several new mathematical research lines due to the specificities of the environmental economics problems involved. We enhance the latter through a survey of the variety of themes and associated mathematical structures beared by this literature. We also provide a quick tour of the existing tools in the theory of distributed optimal control that have been applied so far in environmental economics

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  • Emmanuelle Augeraud-Véron & Raouf Boucekkine & Vladimir Veliov, 2019. "Distributed Optimal Control Models in Environmental Economics: A Review," AMSE Working Papers 1902, Aix-Marseille School of Economics, France.
    • Handle: RePEc:aim:wpaimx:1902
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    Cited by:

    1. Paulo B. Brito, 2022. "The dynamics of growth and distribution in a spatially heterogeneous world," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(3), pages 311-350, September.
    2. Boucekkine, Raouf & Fabbri, Giorgio & Federico, Salvatore & Gozzi, Fausto, 2022. "Managing spatial linkages and geographic heterogeneity in dynamic models with transboundary pollution," Journal of Mathematical Economics, Elsevier, vol. 98(C).
    3. Raouf Boucekkine & Giorgio Fabbri & Salvatore Federico & Fausto Gozzi, 2019. "A spatiotemporal framework for the analytical study of optimal growth under transboundary pollution," LIDAM Discussion Papers IRES 2019016, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    4. Galioto, Francesco & Battilani, Adriano, 2021. "Agro-economic simulation for day by day irrigation scheduling optimisation," Agricultural Water Management, Elsevier, vol. 248(C).

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    More about this item

    Keywords

    environmental economics; distributed systems; optimal control; partial differential equations;
    All these keywords.

    JEL classification:

    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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