Search Results - subject:"DYNAMIC OPTIMIZATION"

License Buyback Programs in Commercial Fisheries: An Application to the Shrimp Fishery in the Gulf of Mexico

Woodward, Richard T. (contributor); … - 2009

This dissertation provides a thorough analysis of the costs associated with, andefficacy of, sequential license buyback auctions. I use data from the Texas ShrimpLicense Buyback Program - a sequential license buyback auction - to estimate theeffects of a repeated game set-up on bidding behavior....

Persistent link: https://www.econbiz.de/10009464833

Economic optimality of CCS use: a resource-economic model

Narita, Daiju - 2009

investigated this characteristic before. By using a simple analytical dynamic optimization model, we examine the optimal paths of …

Persistent link: https://www.econbiz.de/10010265228

Application of stochastic optimal control to financial market debt crises

Stein, Jerome L. - 2009

This interdisciplinary paper explains how mathematical techniques of stochastic optimal control can be applied to the recent subprime mortgage crisis. Why did the financial markets fail to anticipate the recent debt crisis, despite the large literature in mathematical finance concerning optimal...

Persistent link: https://www.econbiz.de/10010276757

Learning and Acting Upon Customer Information: An Empirical Application to Service Allocations with Offshore Centers

Sun, Bao-Hong; Li, Shibo - 2009

As service centers become crucial corporate assets for increasing customer relationships and profits, it is imperative to understand customer reactions to service allocations. Using customer call history from a DSL service, the authors empirically investigate how customers’ onshore and...

Persistent link: https://www.econbiz.de/10009441180

Optimal Control of Spreading Biological Invasions: For How Long Should We Apply the Brake?

Carrasco, Luis Roman; MacLeod, Alan; Knight, John D.; … - 2009

Identifying the optimal switching point between different invasive alien species (IAS) management policies is a very complex task and policy makers are in need of modelling tools to assist them. In this paper we develop an optimal control bioeconomic model to estimate the type of optimal policy...

Persistent link: https://www.econbiz.de/10009444798

Optimal Control of Spreading Biological Invasions: For How Long Should We Apply the Brake?

Carrasco, Luis Roman; MacLeod, Alan; Knight, John D.; … - Agricultural Economics Society - AES - 2009

Persistent link: https://www.econbiz.de/10004964525

Application of Stochastic Optimal Control to Financial Market Debt Crises

Stein, Jerome L. - CESifo - 2009

Persistent link: https://www.econbiz.de/10005094473

Integrated Management of the South Oahu Aquifer System: A Spatial and Temporal Approach

Roumasset, James; Wada, Christopher - Department of Economics, University of Hawaii-Manoa - 2009

Warming,” The Journal of Political Economy, 105, 1201-1234. Chiang, Alpha C. (1992): Elements of Dynamic Optimization. Long … simulation for the South Oahu aquifer system illustrates the switching behavior. Keywords: Renewable resources, dynamic … optimization, multiple resources JEL codes: Q25, Q28, C61 1 1 Introduction The economics of groundwater management is …

Persistent link: https://www.econbiz.de/10005052115

Renewable Resource Management with Alternative Sources: the Case of Multiple Aquifers and a "Backstop" Resource

Roumasset, James; Wada, Christopher - Department of Economics, University of Hawaii-Manoa - 2009

typically confined to non-renewable resources. We propose a dynamic optimization model to determine the efficient allocation of …

Persistent link: https://www.econbiz.de/10008517996

Land Use Change with Spatially Explicit Data: A Dynamic Approach

Pinto, Alessandro; Nelson, Gerald C. - In: Environmental & Resource Economics 43 (2009) 2, pp. 209-229

Persistent link: https://www.econbiz.de/10004999688