Showing 231 - 240 of 246
The purpose of this paper is to extend the use of integrated assessment models by defining rational policies based on predictive control and adaptive behavior. The paper begins with an review of the main IAMs and their use. Then the concept of Model Predictive Nash Equilibrium (MPNE) is...
Persistent link: https://www.econbiz.de/10010662674
We review an emerging application field to parabolic partial differential equa- tions (PDEs), that’s economic growth theory. After a short presentation of con- crete applications, we highlight the peculiarities of optimal control problems of parabolic PDEs with infinite time horizons. In...
Persistent link: https://www.econbiz.de/10010665209
We develop a model economy adapting Hotelling's migration law to make individuals react to the gradient of their indirect utility. In a first version, individuals respond uniquely to utility differences. In a second phase, we insert our migration law as a dynamic constraint in a spatial model of...
Persistent link: https://www.econbiz.de/10010617536
This paper examines the role of public education in the context of parental migration, and it studies the effects of an expansive income tax policy that is adopted to increase public education expenditure per pupil. It is shown that such a policy may exacerbate income inequality in the long run...
Persistent link: https://www.econbiz.de/10008602720
We study the strategic behavior of two countries facing transboundary CO2 pollution under a differential game setting. In our model, the reduction of CO2 concentration occurs through the carbon capture and storage process, rather than through the adoption of cleaner technologies. Furthermore, we...
Persistent link: https://www.econbiz.de/10011097711
It is our aim to study some of the migration laws utilized in Economic Geography, their dynamic properties and how their long-run predictions and stability change with the specificities of the economic models under consideration. After a thorough description of Fujita and Thisse (2002), we...
Persistent link: https://www.econbiz.de/10011065207
Persistent link: https://www.econbiz.de/10005277739
We review an emerging application field to parabolic partial differential equations (PDEs), that's economic growth theory. After a short presentation of concrete applications, we highlight the peculiarities of optimal control problems of parabolic PDEs with infinite time horizons. In particular,...
Persistent link: https://www.econbiz.de/10010898372
We review an emerging application field to parabolic partial differential equations (PDEs), that's economic growth theory. After a short presentation of concrete applications, we highlight the peculiarities of optimal control problems of parabolic PDEs with infinite time horizons. In particular,...
Persistent link: https://www.econbiz.de/10010900282
Persistent link: https://www.econbiz.de/10010694600