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JEAN‐DANIEL M. SAPHORES 《Natural Resource Modeling》2004,17(2):163-190
ABSTRACT. This paper shows that the timing of an investment to reduce the emissions of a stock pollutant under environmental uncertainty depends on the specification of uncertainty, on its level, and on the presence of a lower reflecting barrier for the stock pollutant. With quadratic damages, when variability increases with the level of pollution, emissions should be curbed immediately when uncertainty is large enough; when uncertainty is small, however, its impact is ambiguous. A lower reflecting barrier may also significantly influence the investment threshold. These results highlight the importance of better understanding the links between greenhouse gas concentration and weather variability. 相似文献
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We define a periodic quartic spline s from its nodal values.We show existence and uniqueness of such splines and obtainerror bounds of the form
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ChemInform is a weekly Abstracting Service, delivering concise information at a glance that was extracted from about 100 leading journals. To access a ChemInform Abstract of an article which was published elsewhere, please select a “Full Text” option. The original article is trackable via the “References” option. 相似文献
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