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Abstract
In this brief paper one shows the relevance of asymptotic control theory to the study of economic sustainable development. One also proposes a modeling framework where sustainable economic development is represented through a paradigm of optimal stochastic control with two time-scales. This shows that several contributions of Prof. Sethi, in the domain of hierarchical and multi-level control models in manufacturing and resource management can also serve to better understand the stakes of sustainability in economic growth and to assess long term environmental policies.
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