The Renewable Resource Management Nexus: Impulse versus Continuous Harvesting Policies
We explore the link between cyclical and smooth resource exploitation. We define an impulse control framework which can generate both cyclical solutions and steady state solutions. For the cyclical solutions [...].
Year of publication: |
2009-03
|
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Authors: | Jean-Marie, Alain ; Tidball, Mabel ; Moreaux, Michel ; Erdlenbruch, Katrin |
Institutions: | LAboratoire Montpelliérain d'Économie Théorique et Appliquée (LAMETA), Faculté de sciences économiques |
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