Optimal exploitation of a resource with stochastic population dynamics and delayed renewal

DOI10.1016/j.jmaa.2019.04.052zbMath1422.91573arXiv1807.04160OpenAlexW2963724942WikidataQ127994687 ScholiaQ127994687MaRDI QIDQ2314851

Idris Kharroubi, Vathana Ly Vath, Thomas Lim

Publication date: 30 July 2019

Published in: Journal of Mathematical Analysis and Applications (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/1807.04160

zbMATH Keywords

viscosity solutionsimpulse controloptimal harvestingrenewable resourcestates constraintsexecution delay

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Viscosity solutions to Hamilton-Jacobi equations in optimal control and differential games (49L25)

Related Items (3)

The effects of random and seasonal environmental fluctuations on optimal harvesting and stocking ⋮ Mathematical and numerical analyses of a stochastic impulse control model with imperfect interventions ⋮ Optimal exploitation for hybrid systems of renewable resources under partial observation

Cites Work

• Marine reserves with ecological uncertainty
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