We study the optimal capacity of landfills taking into account their sequential nature. Such an optimal capacity is characterized by the so-called Optimal Capacity Condition. Particular versions of this condition are obtained for two alternative settings: first, if all the landfills are to have the same capacity, and second, if each of them is allowed to have a different capacity. In the second case we obtain an Optimal Control problem , with mixed elements of both continuous and discrete time. The resulting optimitization problems involve dividing a time horizon of planning into several subintervals of endogenously decided capacity. The results obtained may be useful to address other economic problems such as private and public investments, consumption decisions on durable goods, etc.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Did you know? You can create a compilation of all publications of a group of people, say alumni of a program, your students or memers of an association.