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MATHEMATICAL PROGRAMMING FOR RESOURCE POLICY APPRAISAL UNDER MULTIPLE OBJECTIVES

Bruce McCarl

No 11888, Working Papers from Environmental and Natural Resources Policy Training Project

Abstract: Mathematical programming is one technique that can be used for resource policy appraisal. Multiple objectives are usually involved in resource policy considerations. This paper discusses issues regarding the use of mathematical programming techniques for the multiobjective resource policy arena. Theoretical models are introduced with a separation called for between producer response models and policy maker models due to a disparity of objectives. The paper draws on the literature citing cases where producer level models have been utilized to simulate the policy outcome implications of alternative policies.

Keywords: Resource; /Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 28
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:ags:epatwp:11888

DOI: 10.22004/ag.econ.11888

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