6 papers
Optimal policies for environmental assets under spatial heterogeneity and global awareness
Emmanuelle Augeraud-Véron, Daria Ghilli, Fausto Gozzi +1
The aim of this paper is to formulate and study a stochastic model for the management of environmental assets in a geographical context where in each place the local authorities ta…
Network-Based Optimal Control of Pollution Growth
Fausto Gozzi, Marta Leocata, Giulia Pucci
This paper studies a model for the optimal control (by a centralized economic agent which we call the planner) of pollution diffusion over time and space. The controls are the inve…
Optimal Planning in Habit Formation Models with Multiple Goods
Mauro Bambi, Daria Ghilli, Fausto Gozzi +1
In this paper, on the line e.g. of [COW00]) we investigate a model with habit formation and two types of substitute goods. Such family of models, even in the case of 1 good, are di…
An optimal control problem with state constraints in a spatio-temporal economic growth model on networks
Alessandro Calvia, Fausto Gozzi, Marta Leocata +3
We introduce a spatial economic growth model where space is described as a network of interconnected geographic locations and we study a corresponding finite-dimensional optimal co…
Habits and demand changes after COVID-19
Mauro Bambi, Daria Ghilli, Fausto Gozzi +1
In this paper, we investigate how the COVID-19 pandemics and more precisely the lockdown of a sector of the economy may have changed our habits and, there-fore, altered the demand…
A Stochastic Model of Economic Growth in Time-Space
Fausto Gozzi, Marta Leocata
We deal with an infinite horizon, infinite dimensional stochastic optimal control problem arising in the study of economic growth in time-space. Such problem has been the object of…