Optimal fishery management
type: Item
instance of: scholarly article
title: Optimal fishery management
zbMATH Open document ID: 0714.90034
DOI: 10.1016/0895-7177(89)90127-1
published in: Mathematical and Computer Modelling
publication date: 1989-01-01T00:00:00Z
review text: The paper discusses in rather elementary terms an optimal control problem and its solution. The most advanced techniques used are the Euler equation and Green's theorem. The problem is in terms of fishery management. A one-dimensional population model for the amount of fish is introduced and discussed. Then a profit function, with discount, is introduced. The solution turns out to be that the actual harvest must be such that a certain level of stock (determined by the problem description) is reached as quickly as the problem constraints will allow. For the novice this is an interest arousing paper. For the expert there is hardly anything new.
Mathematics Subject Classification ID: 91B76
Mathematics Subject Classification ID: 91B62
Mathematics Subject Classification ID: 93C95
Mathematics Subject Classification ID: 92D25
zbMATH DE Number: 4176797
zbMATH Keywords: singular solution
zbMATH Keywords: Euler equation
zbMATH Keywords: Green's theorem
author: E. Y. Rodin
reviewed by: Geert Jan Olsder
MaRDI profile type: Publication
full work available at URL: 0895-7177(89)90127-1
OpenAlex ID: W2007943670
cites work: Q4139908
description: scientific article; zbMATH DE number 4176797