Optimal Control Strategy of Companies: Inheriting Period and Carbon Emission Reduction
Joint Authors
Source
Mathematical Problems in Engineering
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-11, 11 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-11-04
Country of Publication
Egypt
No. of Pages
11
Main Subjects
Abstract EN
In this paper, we develop an optimal control model of companies for the inheriting period, during which interphase banking and borrowing of allowances are allowable.
By considering the emission reduction policy and the initial auction amount, we optimize the problem in two steps.
The model is then converted into a two-dimensional Hamilton–Jacobi–Bellman equation.
The numerical results, analysis, and comparisons are presented.
Finally, we highlight several policy implications from the perspectives of companies and governments.
American Psychological Association (APA)
Liang, Jin& Huang, Wenlin. 2020. Optimal Control Strategy of Companies: Inheriting Period and Carbon Emission Reduction. Mathematical Problems in Engineering،Vol. 2020, no. 2020, pp.1-11.
https://search.emarefa.net/detail/BIM-1194405
Modern Language Association (MLA)
Liang, Jin& Huang, Wenlin. Optimal Control Strategy of Companies: Inheriting Period and Carbon Emission Reduction. Mathematical Problems in Engineering No. 2020 (2020), pp.1-11.
https://search.emarefa.net/detail/BIM-1194405
American Medical Association (AMA)
Liang, Jin& Huang, Wenlin. Optimal Control Strategy of Companies: Inheriting Period and Carbon Emission Reduction. Mathematical Problems in Engineering. 2020. Vol. 2020, no. 2020, pp.1-11.
https://search.emarefa.net/detail/BIM-1194405
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1194405