SUSTAINABILITY, CONSUMPTION, AND TECHNOLOGY

<p>Sustainability of current economic system is analyzed in the face of growing population, accelerating exploitation of limited natural resources, and advances in technology. A Cobb-Douglas type of production function is assumed. Optimal control theory is employed to model the problem. It is...

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Bibliographic Details
Main Author: Mustafa Akan
Format: Article
Language:English
Published: Nicolaus Copernicus University in Toruń 2017-03-01
Series:Copernican Journal of Finance & Accounting
Subjects:
Online Access:https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/12559