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