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.
Authors
- Oleksandr Dykyi
- Andrii Onyshchenko (ORCID: https://orcid.org/0000-0002-3194-1116)
- Olena Lytvyn (ORCID: https://orcid.org/0000-0003-3437-2067)
- Lyubomyr Shved
- Олена Мотузка (ORCID: https://orcid.org/0000-0001-9028-6994)
Institutions
- Taras Shevchenko National University of Kyiv (UA)
- National Academy of Management (UA)
- Lviv Polytechnic National University (UA)
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
- 0.00