Optimal management of renewable economic resources in a model with Bertalanffy growth law

DOI10.1016/0895-7177(89)90136-2zbMath0683.92020OpenAlexW2009927769MaRDI QIDQ1825166

Ervin Y. Rodin, Lateef A. Adelani

Publication date: 1989

Published in: Mathematical and Computer Modelling (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0895-7177(89)90136-2

zbMATH Keywords

Pontryagin maximum principleoptimal harvesting policyharvesting strategiesrenewable resource exploitationmarket priceBertalanffy growth modelbiological optimalityconservation of resource basemaximization of economic rentvariational Hamiltonian

Mathematics Subject Classification ID

Ecology (92D40) Operations research and management science (90B99) Hamilton-Jacobi theories (49L99) Other natural sciences (mathematical treatment) (92F05)

Related Items (1)

Optimal harvesting of a renewable economic resource in a model with Bertalanffy growth law. II

Cites Work

• Economics of harvesting a renewable resource
• A simple nonlinear model for the exploitation of renewable economic resources

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