Title: Optimal control models of sustainable economic and population development
Language: English
Authors: Wirthumer, Peter 
Qualification level: Diploma
Keywords: OCM; Ökonomie - Bevölkerung - Umwelt; endogene Mortalität; Shallow Lake Dynamics
OCM; Economy - Population - Environment; endogenous mortality; Shallow Lake Dynamics
Advisor: Fürnkranz Prskawetz, Alexia
Issue Date: 2012
Number of Pages: 66
Qualification level: Diploma
Abstract: 
Die Weltbevölkerung erreichte die 7 Milliarden Marke in 2011.
Dies geschah während einer weltweiten ökonomischen Krise und einem Rekordjahr durch von Naturkatastrophen angerichteten Schaden. Daher ist es wichtig zu verstehen wie diese Systeme verbunden sind. Diese Arbeit bietet einen Überblick über verschiedene Papers, welche das Thema mit verschiedenen Methoden behandelt haben. Anschließend nutzen wir ein optimales Kontrollmodell mit endogener Fertilität, Kapital und Emissionen. Diese verbinden die Systeme Ökonomie, Bevölkerung und Umwelt. Das Modell ist erweitert durch eine endogene Mortalitätsfunktion sowie Shallow Lake Dynamics. Die Arbeit zeigt die Konsistenz der Modelle und liefert real-überprüfbare Resultate.

World population reached the 7-billion mark in 2011. This event took place during the middle of a world wide economic crisis, combined with a record-year of damages due to natural disasters. Therefore the question arises if and how these systems are related. This thesis provides an overview of several papers, which have treated this topic with various approaches. Afterwards we present an Optimal Control Model model where fertility, capital and emissions are treated as endogenous controls, connecting the three systems of population, economy and environment. We extend the model by introducing more complex dynamics of two kinds. First a mortality function of either capital or environmental quality or both is introduced. Second advanced dynamics of the environment, called Shallow Lake Dynamics are discussed. This study shows the consistency of the analyzed model and provides results which are overlapping with real world developments.
URI: https://resolver.obvsg.at/urn:nbn:at:at-ubtuw:1-56765
http://hdl.handle.net/20.500.12708/13333
Library ID: AC07813098
Organisation: E105 - Institut für Wirtschaftsmathematik 
Publication Type: Thesis
Hochschulschrift
Appears in Collections:Thesis

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