Abstract
The purpose of the work is to develop a simulation model that could be used as the basis for a practical methodology for forming a ‘green’ program for the development of mining industry. For this purpose, the Stackelberg model and the apparatus of two-level mathematical programming are used and thus take into account the peculiarities of the hierarchy of interaction between the state and the private investor in the mineral resource sector. The obtained data make it possible to determine the quantitative parameters of expenditures of public financial resources, at which the target function of the state reaches its maximum. It is concluded that the strategy of choosing higher operating costs and, as a result, lower postproject environmental losses is preferable for both the state and the investor.
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