The optimal harvesting problem with a land market: a characterization of the asymptotic convergence

DOI10.1007/s00199-008-0362-8zbMath1166.91021OpenAlexW2031001306MaRDI QIDQ1016335

Adriana Piazza

Publication date: 5 May 2009

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10533/142575

zbMATH Keywords

discrete time modelturnpike theoremOptimal forest management problemsustainable states

Mathematics Subject Classification ID

Discrete-time control/observation systems (93C55) Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Existence theories in calculus of variations and optimal control (49J99)

Related Items (4)

Convergence of optimal harvesting policies to a normal forest ⋮ On the Mitra-Wan forestry model: a unified analysis ⋮ On a class of infinite horizon optimal control problems ⋮ About optimal harvesting policies for a multiple species forest without discounting

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• Optimality of greedy and sustainable policies in the management of renewable resources
• Discounting and long-run behavior: Global bifurcation analysis of a family of dynamical systems

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