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Optimal harvesting for a logistic population dynamics driven by a Lévy process - MaRDI portal

Optimal harvesting for a logistic population dynamics driven by a Lévy process (Q398661)

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scientific article; zbMATH DE number 6330878
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Optimal harvesting for a logistic population dynamics driven by a Lévy process
scientific article; zbMATH DE number 6330878

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    Optimal harvesting for a logistic population dynamics driven by a Lévy process (English)
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    15 August 2014
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    In this paper the authors consider the optimal harvesting problem for a stochastic logistic jump-difussion system with three different yield functions. They provide a new approach to solve the classical optimal harvesting problem. First, they study this problem with catch-per-unit-effort (CPUE) and then they study it for some more general systems.
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    stochastic optimization
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    Poisson random measure
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    dynamic properties
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    asymptotically stable in distribution
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    ergodic method
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