Abstract
Nowadays, the improvement of environmental quality has become one of the most important objectives in the industrialized world. From an economic point of view one could argue that a non-polluted environment has become a scarce commodity. Consequently, environmental use is an allocation problem (Siebert (1987)) and should be taken into consideration by economic theory. This seems to be the reason that more and more books are devoted to environmental economics (e.g. Baumol and Oates (1988), Wicke (1982)).
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References
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© 1992 Physica-Verlag Heidelberg
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Kort, P.M. (1992). Optimal Abatement Policies within a Stochastic Dynamic Model of the Firm. In: Gritzmann, P., Hettich, R., Horst, R., Sachs, E. (eds) Operations Research ’91. Physica-Verlag HD. https://doi.org/10.1007/978-3-642-48417-9_57
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DOI: https://doi.org/10.1007/978-3-642-48417-9_57
Publisher Name: Physica-Verlag HD
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