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Description
| - 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 negative influence 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 involves the environmental factors more complexly (e. g. by including emis-sions limits and caps). The designed model is then verified on the real data of one heavy industrial company.
- 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 negative influence 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 involves the environmental factors more complexly (e. g. by including emis-sions limits and caps). The designed model is then verified on the real data of one heavy industrial company. (en)
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Title
| - Mean-risk Model Optimizing the Heavy Industrial Company’s Profit with Respect to Environmental Aspects
- Mean-risk Model Optimizing the Heavy Industrial Company’s Profit with Respect to Environmental Aspects (en)
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skos:prefLabel
| - Mean-risk Model Optimizing the Heavy Industrial Company’s Profit with Respect to Environmental Aspects
- Mean-risk Model Optimizing the Heavy Industrial Company’s Profit with Respect to Environmental Aspects (en)
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skos:notation
| - RIV/61989100:27510/14:86090178!RIV15-MSM-27510___
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http://linked.open...avai/riv/aktivita
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http://linked.open...avai/riv/aktivity
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http://linked.open...vai/riv/dodaniDat
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http://linked.open...aciTvurceVysledku
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http://linked.open.../riv/druhVysledku
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http://linked.open...iv/duvernostUdaju
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http://linked.open...titaPredkladatele
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http://linked.open...dnocenehoVysledku
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http://linked.open...ai/riv/idVysledku
| - RIV/61989100:27510/14:86090178
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http://linked.open...riv/jazykVysledku
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http://linked.open.../riv/klicovaSlova
| - mean-risk model, EU ETS, stochastic programming, ecological constraints. (en)
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http://linked.open.../riv/klicoveSlovo
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http://linked.open...ontrolniKodProRIV
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http://linked.open...v/mistoKonaniAkce
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http://linked.open...i/riv/mistoVydani
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http://linked.open...i/riv/nazevZdroje
| - Mathematical Methods in Economics, MME 2014 : 32nd international conference : September 10-12, 2014, Olomouc, Czech Republic : conference proceedings
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http://linked.open...in/vavai/riv/obor
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http://linked.open...ichTvurcuVysledku
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http://linked.open...cetTvurcuVysledku
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http://linked.open...vavai/riv/projekt
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http://linked.open...UplatneniVysledku
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http://linked.open...iv/tvurceVysledku
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http://linked.open...vavai/riv/typAkce
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http://linked.open.../riv/zahajeniAkce
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number of pages
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http://purl.org/ne...btex#hasPublisher
| - Univerzita Palackého v Olomouci
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https://schema.org/isbn
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http://localhost/t...ganizacniJednotka
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