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Autor:innen: 
Erscheinungsjahr: 
2016
Schriftenreihe/Nr.: 
Memorandum No. 08/2016
Verlag: 
University of Oslo, Department of Economics, Oslo
Zusammenfassung: 
This note gives a brief, non-rigorous sketch of basic optimal control theory, which is a useful tool in several simple economic problems,such as those in resource and environmental economics. While the mathematical analysis in the note is self-contained, there is not much explanation and intuition on the economic issues. The note should therefore be read together with articles or books that give more discussion of the economics of the problems considered.
Schlagwörter: 
optimal control theory
exhaustible resources
renewable resources
climate change
water management
JEL: 
C61
Q2
Q3
Q5
Dokumentart: 
Working Paper

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