An Iterative Solution to the Nonlinear Time‐Discrete TEM Model ‐ The Occurrence of Chaos and a Control Theoretic Algorithmic Approach

This paper is concerned with a mathematical derivation of the nonlinear time‐discrete Technology‐Emissions Means (TEM‐) model. A detailed introduction to the dynamics modelling a Joint Implementation Program concerning Kyoto Protocol is given at the end of the paper. As the nonlinear time‐discrete dynamics tends to chaotic behaviour, the necessary introduction of control parameters in the dynamics of the TEM model leads to new results in the field of time‐discrete control systems. Furthermore the numerical results give new insights into a Joint‐Implementation Program and herewith, they may improve this important economic tool. The iterative solution presented at the end might be a useful orientation to anticipate and support Kyoto Process.