| Authors |
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| Publication date |
2008
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| Series |
CeNDEF working papers, 08-01
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| Number of pages |
7
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| Publisher |
onbekend: Afdeling Kwantitatieve Economie
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| Organisations |
-
Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
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| Abstract |
The shallow lake problem is a nonconvex production-pollution dynamic optimisation problem whose solution structure depends nonlinearly on the system parameters. We perform a bifurcation analysis to investigate the consequences of varying the relative cost of pollution and the discount rate.
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| Document type |
Report
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| Published at |
http://www1.fee.uva.nl/cendef/publications/papers/elnote.pdf
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