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    2006
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    A stochastic control model of economic growth with environmental disaster prevention
    13 years 5 months ago
    A stochastic control model of economic growth with environmental disaster prevention
    Download  infoscience.epfl.ch
    This paper proposes a capital accumulation model with a random stopping time corresponding to the occurrence of an environmental catastrophe. Depending on the preventive capital s...
    Alain Haurie, Francesco Moresino
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