Production strategies under environmental constraints in an Arrow–Karlin method

Production strategies under environmental constraints in an Arrow–Karlin method

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Article ID: iaor20001379
Country: Netherlands
Volume: 59
Issue: 1/3
Start Page Number: 337
End Page Number: 340
Publication Date: Mar 1999
Journal: International Journal of Production Economics
Authors:
Keywords: geography & environment
Abstract:

The aim of the paper is to investigate how environmental policies affect the production–inventory decisions of a firm. Optimal control theory is applied to analyze optimal production policies. The environmental policy investigated in the paper is a combined emission charges and limits policy. The paper modifies the results of Wirl for the case of this combined policy.

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