Optimal Control of Pollution Stock through Ecological Interaction of the Manufacturer and the State

A model of an interaction between a manufacturer and the state where the manufacturer produces a single product and the state controls the level of pollution is created and investigated. A local economy with a stock pollution problem that must choose between productive and environmental investments...

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Bibliographic Details
Main Authors: Ellina V. Grigorieva, Evgenii N. Khailov, E. I. Kharitonova
Format: Article
Language:Spanish
Published: Universidad de Costa Rica 2011-03-01
Series:Revista de Matemática: Teoría y Aplicaciones
Online Access:https://revistas.ucr.ac.cr/index.php/matematica/article/view/2116
Description
Summary:A model of an interaction between a manufacturer and the state where the manufacturer produces a single product and the state controls the level of pollution is created and investigated. A local economy with a stock pollution problem that must choose between productive and environmental investments (control functions) is considered. The model is described by a nonlinear system of two differential equations with two bounded controls. The best optimal strategy is found analytically with the use of the Pontryagin Maximum Principle and Green’s Theorem.
ISSN:2215-3373