Dynamic Optimisation in the Presence of Threshold Effects when the Location of the Threshold is Uncertain With an Application to a Possible Disintegration of the Western Antarctic Ice Sheet.

The purpose of this paper is to derive necessary conditions for the optimal control in the presence of threshold effects when the threshold is a curve in n-dimensional space of uncertain location. The usefulness of these conditions is shown by examining the optimal regulation of two greenhouse gases...

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Bibliographic Details
Main Author: Eric Nævdal
Format: Report
Language:unknown
Subjects:
Antarctic
Antarc*
Ice Sheet
Online Access:http://www.princeton.edu/wwseconpapers/papers/dp224.pdf
id ftrepec:oai:RePEc:pri:wwseco:dp224
record_format openpolar
spelling ftrepec:oai:RePEc:pri:wwseco:dp224 2023-05-15T13:58:42+02:00 Dynamic Optimisation in the Presence of Threshold Effects when the Location of the Threshold is Uncertain With an Application to a Possible Disintegration of the Western Antarctic Ice Sheet. Eric Nævdal http://www.princeton.edu/wwseconpapers/papers/dp224.pdf unknown http://www.princeton.edu/wwseconpapers/papers/dp224.pdf preprint ftrepec 2020-12-04T13:35:01Z The purpose of this paper is to derive necessary conditions for the optimal control in the presence of threshold effects when the threshold is a curve in n-dimensional space of uncertain location. The usefulness of these conditions is shown by examining the optimal regulation of two greenhouse gases when there is a risk that the combined radiative forcing from these two gases may lead to the catastrophic event that the Western Antarctic Ice Sheet disintegrates. Optimal Control, Catastrophic Risk, Climate Change Report Antarc* Antarctic Ice Sheet RePEc (Research Papers in Economics) Antarctic
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
description The purpose of this paper is to derive necessary conditions for the optimal control in the presence of threshold effects when the threshold is a curve in n-dimensional space of uncertain location. The usefulness of these conditions is shown by examining the optimal regulation of two greenhouse gases when there is a risk that the combined radiative forcing from these two gases may lead to the catastrophic event that the Western Antarctic Ice Sheet disintegrates. Optimal Control, Catastrophic Risk, Climate Change
format Report
author Eric Nævdal
spellingShingle Eric Nævdal
Dynamic Optimisation in the Presence of Threshold Effects when the Location of the Threshold is Uncertain With an Application to a Possible Disintegration of the Western Antarctic Ice Sheet.
author_facet Eric Nævdal
author_sort Eric Nævdal
title Dynamic Optimisation in the Presence of Threshold Effects when the Location of the Threshold is Uncertain With an Application to a Possible Disintegration of the Western Antarctic Ice Sheet.
title_short Dynamic Optimisation in the Presence of Threshold Effects when the Location of the Threshold is Uncertain With an Application to a Possible Disintegration of the Western Antarctic Ice Sheet.
title_full Dynamic Optimisation in the Presence of Threshold Effects when the Location of the Threshold is Uncertain With an Application to a Possible Disintegration of the Western Antarctic Ice Sheet.
title_fullStr Dynamic Optimisation in the Presence of Threshold Effects when the Location of the Threshold is Uncertain With an Application to a Possible Disintegration of the Western Antarctic Ice Sheet.
title_full_unstemmed Dynamic Optimisation in the Presence of Threshold Effects when the Location of the Threshold is Uncertain With an Application to a Possible Disintegration of the Western Antarctic Ice Sheet.
title_sort dynamic optimisation in the presence of threshold effects when the location of the threshold is uncertain with an application to a possible disintegration of the western antarctic ice sheet.
url http://www.princeton.edu/wwseconpapers/papers/dp224.pdf
geographic Antarctic
geographic_facet Antarctic
genre Antarc*
Antarctic
Ice Sheet
genre_facet Antarc*
Antarctic
Ice Sheet
op_relation http://www.princeton.edu/wwseconpapers/papers/dp224.pdf
_version_ 1766267047683031040

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