We propose a non-local spatial model for the study of the effects of pollution externalities on optimal resource management. The effects of the spatial variation and non-locality on the optimal state and the optimal policy are studied.
CITATION STYLE
Xepapadeas, A., & Yannacopoulos, A. N. (2018). Optimal Spatiotemporal Management of Resources and Economic Activities Under Pollution Externalities. In Lecture Notes in Economics and Mathematical Systems (Vol. 687, pp. 391–418). Springer Verlag. https://doi.org/10.1007/978-3-319-75169-6_19
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