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Author:Keohane, N.
Roy, B. Van
Zeckhauser, R.
Title:Manging the quality of a resource with stock and flow controls
Journal:Journal of Public Economics
2007 : APR, VOL. 91:3-4, p. 541-569
Index terms:infrastructures
pollution
policy
stocks
Language:eng
Abstract:In SFQ problem both stocks and flows can be controlled to promote the quality of a valued resource, such as environmental quality or public infrastructure. This article discusses the implications of the SFQ model for a range of real-world problems in the environmental arena and for the management of public infrastructure. It also discusses how they apply to private stocks of physical and human capital.
SCIMA record nr: 264309
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