Category Archives: Mathematical Techniques

Dynamic Optimisation: A Fully Worked Example

In a previous post, I referred to the importance in environmental and natural resource economics of the technique of dynamic optimisation, also known as optimal control.  However, the technique is difficult, and worked examples in textbooks or on the web … Continue reading

Posted in Mathematical Techniques | Tagged , | Leave a comment

A Key Technique of Environmental Economics

Dynamic optimisation, also known as optimal control, is one of the most important techniques of environmental and natural resource economics.  Although it’s difficult,  the basics should be a compulsory element of graduate-level courses in these fields. I managed to get … Continue reading

Posted in Mathematical Techniques | Tagged , , | Leave a comment