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Optimal control model of economic production under condition of ecological balance.

Authors :
Alaoui, Amine Jamali
Elkhomssi, Mohammed
Elgoumi, Badreddine
Source :
AIP Conference Proceedings. 2019, Vol. 2074 Issue 1, p020006-1-020006-6. 6p.
Publication Year :
2019

Abstract

In this paper we present a dynamic model of economic growth taking into account the ecological balance. This model is a problem of optimal control on feedback of the investments of a firm related to the production and the deterioration of the pollution generated by the industries, in order to maximize the profit of the firm. the containtes of this model, are two hyperbolic dynamic equations, correspond to the accumulation of physical and human capital [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
0094243X
Volume :
2074
Issue :
1
Database :
Academic Search Index
Journal :
AIP Conference Proceedings
Publication Type :
Conference
Accession number :
134852603
Full Text :
https://doi.org/10.1063/1.5090623