Optimal forestry control with variable forest area.
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Publication:5958230
DOI10.1016/S0165-1889(00)00079-8zbMath1056.91542MaRDI QIDQ5958230
Publication date: 3 March 2002
Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)
convex cost functionDeforestationdiscounted value of profitFaustmann formulaFisher formulatimber price
Existence theories for optimal control problems involving ordinary differential equations (49J15) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)
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