USING OPTIMAL CONTROL TO CHARACTERIZE THE ECONOMIC AND ECOLOGICAL IMPLICATIONS OF SPATIAL EXTERNALITIES

This study uses optimal control theory to examine the dynamic features of agricultural landscapes characterized by spatial externalites. A stylized system of agricultural production and groundwater flow is used to illustrate how spatial externalities affect land use decisions over time. Policy alternatives are also considered.


Issue Date:
2001
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/20654
PURL Identifier:
http://purl.umn.edu/20654
Total Pages:
26
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2019-08-26

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)