The Mitra-Wan forestry model: a discrete-time optimal control problem

DOI10.1111/nrm.12061zbMath1542.9123MaRDI QIDQ6550348

Leonardo R. Laura-Guarachi, Onésimo Hernández-Lerma

Publication date: 5 June 2024

Published in: Natural Resource Modeling (Search for Journal in Brave)

zbMATH Keywords

infinite horizondiscrete-time systemsbias optimalityovertaking optimalityaverage optimality

Mathematics Subject Classification ID

Existence theories for free problems in two or more independent variables (49J10) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• On the Mitra-Wan forestry model: a unified analysis
• On the Faustmann solution to the forest management problem
• Asymptotic properties in dynamic programming
• A turnpike theorem for continuous-time control systems when the optimal stationary point is not unique
• Turnpike results for discrete-time optimal control systems arising in economic dynamics
• An overview of turnpike theory: towards the discounted deterministic case
• Some Theoretical Results on the Economics of Forestry
• Infinite-horizon Markov control processes with undiscounted cost criteria: from average to overtaking optimality
• Bias Optimality in Controlled Queueing Systems
• A Lyapunov Function for Economic Optimizing Model Predictive Control
• On Finding Optimal Policies in Discrete Dynamic Programming with No Discounting
• Computing a Bias-Optimal Policy in a Discrete-Time Markov Decision Problem
• On Existence of Weakly Maximal Programmes in a Multi-Sector Economy

This page was built for publication: The Mitra-Wan forestry model: a discrete-time optimal control problem