Environmental Economics: An Integrated Approach -- Chapter 3: The Economy and the Environment: The Case of Optimal Controls

Graves, Philip

doi:10.2139/ssrn.1706472

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Environmental Economics: An Integrated Approach -- Chapter 3: The Economy and the Environment: The Case of Optimal Controls

Philip E. Graves

University of Colorado at Boulder - Department of Economics

November 9, 2010

Forthcoming CRC Taylor & Francis book

Abstract:
This is the second substantive chapter (after the introductory Chapter 1) for a new environmental economics book (Environmental Economics: An Integrated Approach) which will integrate the economic system and the environmental system. The preceding Chapter 2 considered household and firm behavior when they had no incentives to be concerned about residual discharges into the environment. In the present chapter, optimal controls are introduced under the presumption, later to be relaxed, that the regulatory agency has perfect information on tastes and technology. The analysis of the economic and environmental system will remain joined throughout the text.

Number of Pages in PDF File: 13

Keywords: Environmental Economics

JEL Classification: Q00, Q5, Q51, Q52, Q53, Q58

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Date posted: November 11, 2010 ; Last revised: March 11, 2013

Suggested Citation

Graves, Philip E., Environmental Economics: An Integrated Approach -- Chapter 3: The Economy and the Environment: The Case of Optimal Controls (November 9, 2010). Forthcoming CRC Taylor & Francis book. Available at SSRN: http://ssrn.com/abstract=1706472 or http://dx.doi.org/10.2139/ssrn.1706472

Contact Information

Philip E. Graves (Contact Author)

University of Colorado at Boulder - Department of Economics ( email )

Campus Box 256
Boulder, CO 80309-0256
United States