The cyclical exploitation of renewable resource stocks may be optimal

DOI10.1006/jeem.1995.1045zbMath0858.90040OpenAlexW1989274984WikidataQ59212077 ScholiaQ59212077MaRDI QIDQ1815785

Franz Wirl

Publication date: 18 November 1996

Published in: Journal of Environmental Economics and Management (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1006/jeem.1995.1045

zbMATH Keywords

stable limit cyclesrenewable resource models

Mathematics Subject Classification ID

Application models in control theory (93C95) Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (5)

Linear production function, externalities and indeterminacy in a capital-resource growth model ⋮ Optimality of impulse harvesting policies ⋮ Harvesting and conservation in a predator-prey system ⋮ Poverty trap and global indeterminacy in a growth model with open-access natural resources ⋮ Optimal accumulation of pollution: Existence of limit cycles for the social optimum and the competitive equilibrium

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