Renewable resource management with stochastic recharge and environmental threats
Year of publication: |
2012
|
---|---|
Authors: | Leizarowitz, Aryē ; Tsur, Yaʿaḳov |
Published in: |
Journal of economic dynamics & control. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1889, ZDB-ID 717409-3. - Vol. 36.2012, 5, p. 736-753
|
Subject: | Stochastic stock dynamics | Catastrophic event | Endogenous discounting | Markov decision process | Optimal stationary policy | Theorie | Theory | Markov-Kette | Markov chain | Stochastischer Prozess | Stochastic process | Erneuerbare Ressourcen | Renewable resources | Entscheidung | Decision | Ressourcenökonomik | Resource economics |
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