The economics of forestry and a set-valued turnpike of the classical type

DOI10.1016/j.na.2010.08.031zbMath1198.91170OpenAlexW2032565405MaRDI QIDQ603028

M. Ali Khan, Adriana Piazza

Publication date: 5 November 2010

Published in: Nonlinear Analysis. Theory, Methods \& Applications. Series A: Theory and Methods (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10533/131650

zbMATH Keywords

forest managementnon-differentiabilityasymptotic convergencegood programapproximately optimal programlarge but finite time horizonnon-interiorityperiodic turnpikeset-valued turnpike

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (1)

Stochastic Mitra-Wan forestry models analyzed as a mean field optimal control problem

Cites Work

• Unnamed Item
• On the economics of forest vintages
• Turnpike theory, discounted utility, and the von Neumann facet
• On the Faustmann solution to the forest management problem
• A primal route to the turnpike and Lyapunov stability
• On equilibrium cycles and normal forests in optimal harvesting of tree vintages
• Some Theoretical Results on the Economics of Forestry
• On two classical turnpike results for the Robinson–Solow–Srinivasan model
• Turnpike Theory
• The periodic turnpike theorem
• A Twisted Turnpike
• A Twisted Turnpike Theorem

This page was built for publication: The economics of forestry and a set-valued turnpike of the classical type