Session S15 - Mathematics of Planet Earth

Tuesday, July 20, 16:30 ~ 16:55 UTC-3

To Adapt or Mitigate Global Climate Change: Modelling approach

Natali Hritonenko

Prairie View A&M University, United States   -   This email address is being protected from spambots. You need JavaScript enabled to view it.

Pollution mitigation and environmental adaptation are two long term policies to combat environmental damages. Both of them play a vital role in protection of our surrounding but are very expensive to implement. Mitigation and adaptation are thoroughly considered while designing long-term policies and regulations on both international and national levels. A suggested economic-environmental model analyzes a rational investment to environmental mitigation and adaptation. Both cooperative and non-cooperative strategies are discussed. The non-cooperative strategy is a dynamic game in which each country makes its own environmental decision following the open-loop Nash equilibrium. The cooperative social planner assumes an international environmental agreement in force. Non-cooperative and cooperative solutions are compared in the symmetric case of two countries and extended to several identical countries. The modelling approach to the asymmetric case is also discussed. New integral model that fits realistic infectivity distribution of COVID-19 and describes different government preventive measures is presented. Its simulation matches real data on US in 2020-2021.

Joint work with Yuri Yatsenko (Dunham College of Business, Houston Baptist University) and Victoria Hritonenko (University of California Extension, Berkeley).

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