Modeling of Dynamic Market Equilibrium in the Context of Greenhouse Gas Emission Restrictions

The research article proposes an environmental and economic model of a producer's behavior under conditions of established restrictions on greenhouse gas emissions, based on the theory of the optimal control. The study considers the case of the need to attract an additional emission quota in order to comply with the provisions of the Paris Agreement. The exquisite model trajectories are considered, in particular, the main ones are highlighted on the basis of sufficient conditions of optimality.

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Publication Details

Published
2025-05-14
DOI
https://doi.org/10.1109/sist61657.2025.11139251
Primary Topic
Climate Change Policy and Economics
Type
article
Field-Weighted Citation Impact
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article

Modeling of Dynamic Market Equilibrium in the Context of Greenhouse Gas Emission Restrictions

Oleksandr Dykyi, Andrii Onyshchenko, Olena Lytvyn, Lyubomyr Shved et al.
Climate Change Policy and Economics
article

Modeling of Dynamic Market Equilibrium in the Context of Greenhouse Gas Emission Restrictions

Oleksandr Dykyi, Andrii Onyshchenko, Olena Lytvyn, Lyubomyr Shved, Олена Мотузка
article en

Abstract

The research article proposes an environmental and economic model of a producer's behavior under conditions of established restrictions on greenhouse gas emissions, based on the theory of the optimal control. The study considers the case of the need to attract an additional emission quota in order to comply with the provisions of the Paris Agreement. The exquisite model trajectories are considered, in particular, the main ones are highlighted on the basis of sufficient conditions of optimality.

Taras Shevchenko National University of Kyiv (UA), National Academy of Management (UA), Lviv Polytechnic National University (UA)
Openalex Percentile: Top 69%
Climate Change Policy and Economics
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