| 来源类型 | Conference or Workshop Item (Paper) |
| 规范类型 | 其他 |
| Optimal control for sustainable consumption of natural resources. | |
| Manzoor T; Aseev Sergey; Rovenskaya Elena; Muhammad A | |
| 发表日期 | 2014 |
| 出处 | 19th IFAC World Congress, 24-29 August 2014 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | In this paper we study optimal policies for a central planner interested in maximizing utility in an economy driven by a renewable resource. It is shown that the optimal consumption path is sustainable only when the intrinsic growth rate of the resource is greater than the social discount rate. The model is formulated as an infinite horizon optimal control problem. We deal with the mathematical details of the problem, develop a precise notion for optimality and establish the existence of optimal control at least when the condition for sustainability is met. We apply the appropriate version of the Pontryagin maximum principle and show a numerical simulation of the optimal feedback law. In the end we present the results along with physical interpretations. |
| 主题 | Advanced Systems Analysis (ASA) |
| 关键词 | control in Economics sustainability Systems Theory |
| URL | http://pure.iiasa.ac.at/id/eprint/11223/ |
| 来源智库 | International Institute for Applied Systems Analysis (Austria) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/132511 |
| 推荐引用方式 GB/T 7714 | Manzoor T,Aseev Sergey,Rovenskaya Elena,et al. Optimal control for sustainable consumption of natural resources.. 2014. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| Optimal%20Control%20（323KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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