Dynamic Models of Pollution Penalties and Rewards with Time Delays

In cases of nonpoint pollution sources, the regulator can observe the total emission but unable to distinguish between the firms. The regulator then selects an environmental standard. If the total emission level is higher than the standard, then the firms are uniformly punished, and if lower, then u...

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Bibliographic Details
Main Authors: Akio Matsumoto, Ferenc Szidarovszky
Format: Article
Language:English
Published: Hindawi Limited 2020-01-01
Series:Abstract and Applied Analysis
Online Access:http://dx.doi.org/10.1155/2020/3162634