© 2014

Dynamic Optimization in Environmental Economics

  • Elke Moser
  • Willi Semmler
  • Gernot Tragler
  • Vladimir M. Veliov


  • Presents a broad range of applications in environmental economics

  • Offers contributions of top scientists in this area

  • Treats pressing problems arising from current environmental developments

  • Uses most advanced mathematical methods in optimal control and dynamic game theory


Part of the Dynamic Modeling and Econometrics in Economics and Finance book series (DMEF, volume 15)

Table of contents

  1. Front Matter
    Pages I-XI
  2. Interactions Between Economy and Climate

    1. Front Matter
      Pages 1-1
    2. Anton Bondarev, Christiane Clemens, Alfred Greiner
      Pages 3-35
    3. Kirill Borissov, Thierry Bréchet, Stéphane Lambrecht
      Pages 37-60
    4. Stefan Mittnik, Willi Semmler, Mika Kato, Daniel Samaan
      Pages 87-109
    5. Andreas Schaefer, Alexia Prskawetz
      Pages 127-154
    6. Sjak Smulders, Yacov Tsur, Amos Zemel
      Pages 155-168
  3. Optimal Extraction of Resources

    1. Front Matter
      Pages 193-193
    2. Lucas Bretschger, Alexandra Vinogradova
      Pages 195-213
    3. William A. Brock, Anastasios Xepapadeas, Athanasios N. Yannacopoulos
      Pages 215-241
    4. Francisco Cabo, Guiomar Martín-Herrán, María Pilar Martínez-García
      Pages 243-264
    5. Renan Goetz, Carme Cañizares, Joan Pujol, Angels Xabadia
      Pages 265-286
    6. Seiichi Katayama, Ngo Van Long, Hiroshi Ohta
      Pages 287-313
    7. Ulla Lehmijoki, Tapio Palokangas
      Pages 315-328

About this book


The book presents new developments in the dynamic modeling and optimization methods in environmental economics and provides a huge range of applications dealing with the economics of natural resources, the impacts of climate change and of environmental pollution, and respective policy measures. The interrelationship between economic activities and environmental quality, the development of cleaner technologies, the switch from fossil to renewable resources and the proper use of policy instruments play an important role along the path towards a sustainable future. Biological, physical and economic processes are naturally involved in the subject, and postulate the main modelling, simulation and decision-making tools: the methods of dynamic optimization and dynamic games. ​


Climate Change Dynamic Game Theory Dynamic Systems Environmental Policy Optimization Renewable Resources

Editors and affiliations

  • Elke Moser
    • 1
  • Willi Semmler
    • 2
  • Gernot Tragler
    • 3
  • Vladimir M. Veliov
    • 4
  1. 1.Institute of Mathematical Methods in EconomicsVienna University of TechnologyViennaAustria
  2. 2.Department of EconomicsThe New School for Social ResearchNew YorkUSA
  3. 3.Institute of Mathematical Methods in EconomicsVienna University of TechnologyViennaAustria
  4. 4.Institute of Mathematical Methods in EconomicsVienna University of TechnologyViennaAustria

Bibliographic information

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