Optimal harvesting with both population and price dynamics

DOI10.1016/S0025-5564(97)10011-6zbMath0938.92032OpenAlexW1986577064WikidataQ52242453 ScholiaQ52242453MaRDI QIDQ1306980

Dennis Ryan, Floyd B. Hanson

Publication date: 27 June 2000

Published in: Mathematical Biosciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0025-5564(97)10011-6

zbMATH Keywords

price uncertaintyoptimal harvestingstochastic growthbioeconomics

Mathematics Subject Classification ID

Stochastic programming (90C15) Signal detection and filtering (aspects of stochastic processes) (60G35) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Ecology (92D40)

Related Items (18)

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Cites Work

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• Optimal Harvesting of a Randomly Fluctuating Resource. I: Application of Perturbation Methods
• Optimal Harvesting of a Randomly Fluctuating Resource. II: Numerical Methods and Results
• The Optimal Production of an Exhaustible Resource When Price Is Exogenous and Stochastic

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