The effects of emission trading on production and inventories in the Arrow-Karlin model

被引:59
作者
Dobos, I [1 ]
机构
[1] Univ Budapest, Econ & Publ Adm, Dept Business Econ, H-1053 Budapest, Hungary
关键词
emission trading; tradable permits; environmental licences; optimal control; production; inventory; environmental management;
D O I
10.1016/j.ijpe.2004.06.028
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
The paper deals with the effect of introduction of tradable permits on the production-inventory strategy of a firm. It is assumed that the firm will minimize its costs. The cost function consists of linear holding and convex production costs. After introducing emission trading, the cost function will contain a linear emission procurement/selling cost. We will compare the optimal production-inventory strategy before tradable permits and thereafter. The mathematical investigation is based on the well-known dynamic Arrow-Karlin model. (C) 2004 Elsevier B.V. All rights reserved.
引用
收藏
页码:301 / 308
页数:8
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