上海对外经贸大学思源金融讲坛
——学术沙龙第18期
题目：An Optimal Control Model of Carbon Reduction and Trading
报告人：郭华英 同济大学
时间：2017年5月12日下午2：30-4：00
地点：博萃楼317
【论文摘要】In this study, a stochastic control model is established for a country to formulate a carbon abatement policy to minimize the total carbon reduction costs. Under Merton's consumption framework, by considering carbon trading, carbon abatement and penalties in a synthetic manner, the model is converted into a two-dimensional Hamilton-Jacobi-Bellman equation. We rigorously prove the existence and uniqueness of its viscosity solution. We also present the numerical results and discuss the properties of the optimal carbon reduction policy and the minimum total costs.
【报告人简介】郭华英，现为同济大学数学系博士研究生，研究领域包括金融数学、最优控制、信用风险管理。
