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Dynamic optimization with a nonconvex technology: Determination of critical stocks

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Publication:1071634
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DOI10.1016/0025-5564(85)90037-9zbMath0585.90022OpenAlexW2044593484MaRDI QIDQ1071634

T. C. A. Anant, Sunil Kumar Sharma

Publication date: 1985

Published in: Mathematical Biosciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0025-5564(85)90037-9

zbMATH Keywords

renewable resourcesirreversible investmentcontinuous time frameworkcritical stocknonconvex production technologysensitivity to policy parameters


Mathematics Subject Classification ID

Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)




Cites Work

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  • A complete characterization of optimal growth paths in an aggregated model with a non-concave production function
  • Intertemporal allocation with a non-convex technology: The aggregative framework
  • Economically optimal policies for the utilization of biologically renewable resources
  • Existence and Characterization of Optimal Growth Paths Including Models with Non-Convexities in Utilities and Technologies
  • Infinite Horizon Programs
  • Dynamic Optimization with a Non-Convex Technology: The Case of a Linear Objective Function
  • Most Rapid Approach Paths in Accumulation Problems
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