Optimal control of renewable resources with alternative use

DOI10.1016/j.mcm.2008.12.009zbMath1185.91127OpenAlexW1987382818MaRDI QIDQ969875

Adriana Piazza, Alain Rapaport

Publication date: 8 May 2010

Published in: Mathematical and Computer Modelling (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.mcm.2008.12.009

zbMATH Keywords

optimal controlinfinite horizondynamic programmingresource allocation

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Ecology (92D40)

Cites Work

• Dynamic programming in economics.
• Asymptotic Convergence of Optimal Policies for Resource Management with Application to Harvesting of Multiple Species Forest
• Some Theoretical Results on the Economics of Forestry
• Optimality of Profit-Including Prices Under Ideal Planning
• Optimality of greedy and sustainable policies in the management of renewable resources
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