Article ID: | iaor2002149 |
Country: | Netherlands |
Volume: | 71 |
Issue: | 1/3 |
Start Page Number: | 323 |
End Page Number: | 330 |
Publication Date: | Jan 2001 |
Journal: | International Journal of Production Economics |
Authors: | Dobos Imre |
Keywords: | geography & environment |
The aim of this paper is to investigate how environmental policies, in the form of emission charges or emission limits, affect the production–inventory decisions of a firm. Our framework applies control theory to analyze optimal production policies. The paper modifies the results of Wirl to the case of concave production costs.