" the role of contraception access, mortality risk and social norms” joint with Pascaline Dupas, Seema Jayachandran and Adriana Lleras-Muney. "

Abstract

Spatiotemporal dynamics arise quite naturally in several areas in economic theory, in particular in environmental economics. However, it’s only in the last years that these systems, which are inherently infinite dimensional, have been analytically tackled in the economic literature. In this (surprisingly) non-technical presentation, we develop a new frame allowing for analytical exploration. This includes optimal control and differential games. We focus on applications to the control of the natural diffusion of local pollution across continuous over infinite time horizon, and especially, on the dynamic game extensions to characterize the shape of spatial externalities at Nash equilibria. We conclude with an ongoing research program on the modelling of global pollution games with an application to global warming.