Production strategies under environmental constraints: Continuous-time model with concave costs

Authors
Dobos, I
Citation
I. Dobos, Production strategies under environmental constraints: Continuous-time model with concave costs, INT J PRO E, 71(1-3), 2001, pp. 323-330
Citations number
10
Categorie Soggetti
Engineering Management /General
Journal title
INTERNATIONAL JOURNAL OF PRODUCTION ECONOMICS
ISSN journal
09255273 → ACNP
Volume
71
Issue
1-3
Year of publication
2001
Pages
323 - 330
Database
ISI
SICI code
0925-5273(20010506)71:1-3<323:PSUECC>2.0.ZU;2-B
Abstract
The aim of this paper is to investigate how environmental policies, in the form of emission charges or emission limits, affect the production-inventor y decisions of a firm. Our framework applies control theory to analyze opti mal production policies. The paper modifies the results of Wirl (European J ournal of Operational Research 55 (1991) 191) to the case of concave produc tion costs. (C) 2001 Elsevier Science B.V. All rights reserved.