Seminars

Raouf Boucekkine (Rennes School of Business)

Tuesday, November 28th 2023


Raouf Boucekkine (Rennes School of Business) will present “Spatiotemporal dynamics : optimal control and games with applications to transboundary pollution'”.

Abstract:

Spatiotemporal dynamics arise quite naturally in several areas in economic theory, in particular in environmental economics. However, it’s only in the last years that these systems, which are inherently infinite dimensional, have been analytically tackled in the economic literature. In this (surprisingly) non-technical presentation, we develop a new frame allowing for analytical exploration. This includes optimal control and differential games. We focus on applications to the control of the natural diffusion of local pollution across continuous over infinite time horizon, and especially, on the dynamic game extensions to characterize the shape of spatial externalities at Nash equilibria. We conclude with an ongoing research program on the modelling of global pollution games  with an application to global warming.

Modification date : 21 November 2023 | Publication date : 21 November 2023 | Redactor : Régis Grateau