Optimal harvesting under resource stock and price uncertainty

DOI10.1016/j.jedc.2006.08.003zbMath1163.91509OpenAlexW1997045072MaRDI QIDQ1027377

Erkki Koskela, Luis H. R. Alvarez

Publication date: 1 July 2009

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10138/16757

zbMATH Keywords

optimal harvestingsingle and sequential harvesting opportunitystochastic price and stock dynamics

Mathematics Subject Classification ID

Stochastic models in economics (91B70) Economic growth models (91B62) Optimal stochastic control (93E20) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

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