In this paper we develop the time-dependent pollution control problem in which different countries aim to determine the optimal investment allocation in environmental projects and the tolerable pollutant emissions, so as to maximize their welfare. We provide the equilibrium conditions governing the model and derive the evolutionary variational inequality formulation. The existence of solutions is investigated and a numerical example is also presented.
|Titolo:||A variational inequality formulation of the environmental pollution control problem|
|Data di pubblicazione:||2010|
|Appare nelle tipologie:||1.1 Articolo in rivista|