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Optimal accumulation of pollution: Existence of limit cycles for the social optimum and the competitive equilibrium

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Publication:1606196
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DOI10.1016/S0165-1889(98)00070-0zbMath1031.91089WikidataQ59212050 ScholiaQ59212050MaRDI QIDQ1606196

Franz Wirl

Publication date: 30 July 2002

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)


zbMATH Keywords

limit cyclescompetitive equilibriumemissiosn


Mathematics Subject Classification ID

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


Related Items

Optimal spatial patterns in feeding, fishing, and pollution ⋮ Controlling pollution and environmental absorption capacity ⋮ Hopf Bifurcation and Time Periodic Orbits with pde2path – Algorithms and Applications ⋮ THE Z-TRANSFORM AND COMPARATIVE DYNAMICS IN DISCRETE-TIME MODELS



Cites Work

  • Optimality of irreversible pollution accumulation
  • On the optimality of limit cycles in dynamic economic systems
  • Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
  • Limit cycles in intertemporal adjustment models. Theory and applications
  • Pathways to Hopf bifurcations in dynamic continuous-time optimization problems
  • The cyclical exploitation of renewable resource stocks may be optimal
  • The Optimal Exploitation of Renewable Resource Stocks: Problems of Irreversible Investment
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