Regime switching in a fishery with stochastic stock and price

DOI10.1016/J.JEEM.2005.07.001zbMath1136.91553OpenAlexW2025098288MaRDI QIDQ2495459

Linda Nøstbakken

Publication date: 30 June 2006

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

Full work available at URL: https://doi.org/10.1016/j.jeem.2005.07.001

zbMATH Keywords

uncertaintyreal optionsfisheriesbioeconomic modelling

Mathematics Subject Classification ID

Existence theories for optimal control problems involving ordinary differential equations (49J15) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (3)

Fishery management in a regime switching environment: utility theory approach ⋮ Biological productivity and optimal harvesting of a biological resource -- an uncomplicated exercise in comparative dynamics. ⋮ Optimal costless extraction rate changes from a non-renewable resource

Uses Software

• CompEcon

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