Mean-risk Model Optimizing the Heavy Industrial Company?s Profit with Respect to Environmental Aspects

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F14%3A86090178" target="_blank" >RIV/61989100:27510/14:86090178 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Mean-risk Model Optimizing the Heavy Industrial Company?s Profit with Respect to Environmental Aspects

Popis výsledku v původním jazyce

The paper is devoted to profit maximizing heavy industrial companies? behaviour. This type of companies are limited by many legislative constraints protecting the environment against the negative externalities caused by companies and their large amount of pollution. In this paper, an emphasis is put on the companies in the EU and only on air pollutants. The following legislative tools are involved: emission lim-its, emission ceilings (caps) and emissions trading system of the EU (EU ETS). A profit optimizing stochastic model respecting mentioned constraints is designed in this paper. The designed model may be used by companies to exploit opportunities arising from legislative factors to get the competitive advantage or at least to mini-mize a negativeinfluence of the factors on business. Similarly to [1] or [2], prices of emission permit and a demand for products is taken as uncertain. Unlike these works, however, the present paper reacts on new conditions of the EU ETS system and it

Název v anglickém jazyce

Mean-risk Model Optimizing the Heavy Industrial Company?s Profit with Respect to Environmental Aspects

Popis výsledku anglicky

The paper is devoted to profit maximizing heavy industrial companies? behaviour. This type of companies are limited by many legislative constraints protecting the environment against the negative externalities caused by companies and their large amount of pollution. In this paper, an emphasis is put on the companies in the EU and only on air pollutants. The following legislative tools are involved: emission lim-its, emission ceilings (caps) and emissions trading system of the EU (EU ETS). A profit optimizing stochastic model respecting mentioned constraints is designed in this paper. The designed model may be used by companies to exploit opportunities arising from legislative factors to get the competitive advantage or at least to mini-mize a negativeinfluence of the factors on business. Similarly to [1] or [2], prices of emission permit and a demand for products is taken as uncertain. Unlike these works, however, the present paper reacts on new conditions of the EU ETS system and it

Druh

D - Stať ve sborníku

CEP obor

BB - Aplikovaná statistika, operační výzkum

OECD FORD obor

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Projekt

<a href="/cs/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Výzkumný tým pro modelování ekonomických a finančních procesů na VŠB-TU Ostrava</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Mathematical Methods in Economics, MME 2014 : 32nd international conference : September 10-12, 2014, Olomouc, Czech Republic : conference proceedings

ISBN

978-80-244-4209-9

ISSN

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e-ISSN

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Počet stran výsledku

6

Strana od-do

1119-1124

Název nakladatele

Palacký University

Místo vydání

Olomouc

Místo konání akce

Olomouc

Datum konání akce

10. 9. 2014

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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