this research follows two aims in case of the iranian economy. first, study of the presence of inflation persistency, and second, looking for an optimal monetary policy rule. results show that inflation in the economy of iran is persistent, in which, short-term and long-term effects of monetary policy should be considered. for this purpose, a loss function for the central bank with arguments of...

  The optimal harvesting policy is calculated as a function of the entering stock, the price state, the harvesting cost, and the rate of interest in the capital market. In order to determine the optimal harvest schedule, the growth function and stumpage price process are estimated for the Swedish mixed species forests. The stumpage price is assumed to follow a stochastic Markov process. A stoch...

the rapid growth of industrial activity in recent decades, and non-obedience with environmental laws, along with discharging of contaminant wastewaters from petrochemical industries lead to increase of heavy metals into the environment. biosorption is an effective technology for optimal removal of pollutants such as heavy metals from marine ecosystems. in the present study, the microorganism, r...

Extremophilic organisms are primarily prokaryotic (archaea and bacteria), with few eukaryotic examples. Extremophiles are defined by the environmental conditions in which they grow optimally. The organisms may be described as acidophilic (optimal growth between pH 1 and pH 5); alkaliphilic (optimal growth above pH 9); halophilic (optimal growth in environments with high concentrations of salt);...

tumor growth has a number of features in common with a physical process known as molecular beam epitaxy (mbe). so using the same equations for tumor growth is sensible. however, tumor substrate unlike mbe is not planar that makes necessary a geometrical treatment of the growth equations. a variety of mathematical models have been proposed to describe tumor growth. the justification for these mo...

in recent decades, enormous use of chromium in different industries as well as water and soil pollution by those industries caused serious concern. toxic impact of chromium on the growth of plants includes changes in the process of germination and root, stem and leaves’ growth. chromium also has harmful impact on the plants’ physiological processes such as photosynthesis. on the other hand, iro...

This paper derives analytically the growth rate of the social cost of carbon (SSC) on an optimal balanced growth path. More specifically, the paper examines a deterministic Ramsey model of optimal economic growth with carbon emissions. In this model, restrictions on technology and preferences are imposed that guarantee optimal balanced growth, i.e., that guarantee an optimal path with constant ...

The objective of this work is to design control strategies which optimize composition of production, technology stock and their rates in a nonlinear model of economic growth. The optimal control problem of R&D investment is formulated for a discounted utility function which correlates the amount of sales and production diversity. The maximum principle of Pontryagin is applied for designing opti...