Ecological and economic model of optimal management with the linear function of usefulness
Journal Title: Проблеми економіки - Year 2013, Vol 2013, Issue 2
Abstract
The article studies an ecological and economic model of optimal management with the linear function of usefulness. The model takes into account investments into production funds, into intellectual capital as a part of human capital, and into protection of environment. Among a multitude of possible stationary equilibrium states the article studies in detail four states that satisfy necessary conditions of optimality: equilibrium of the golden age, equilibrium of the intellectual age, equilibrium of the ecological age and equilibrium of the dark age.
Authors and Affiliations
Yuriy Tadeyev
Keywords
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