Search Results - subject:"Optimal harvesting"

Spare the young fish? : maybe not : an age-structured predator-prey analysis

Bang, Rasmus Noss; Steinshamn, Stein Ivar - 2022

Persistent link: https://www.econbiz.de/10013455189

On a class of singular stochastic control problems for reflected diffusions

Ferrari, Giorgio - 2017

Reflected diffusions naturally arise in many problems from applications ranging from economics and mathematical biology to queueing theory. In this paper we consider a class of infinite time-horizon singular stochastic control problems for a general onedimensional diffusion that is reflected at...

Persistent link: https://www.econbiz.de/10012042131

On a class of singular stochastic control problems for reflected diffusions

Ferrari, Giorgio - 2017

Persistent link: https://www.econbiz.de/10011892164

Optimal Fishery with Coastal Catch

Uecker, Hannes; Upmann, Thorsten - 2016

In many spatial resource models it is assumed that the agent is able to determine the harvesting activity over the complete spatial domain. However, agents frequently have only access to a resource at particular locations at which the moving biomass, such as fish or game, may be caught or...

Persistent link: https://www.econbiz.de/10011522554

Optimal fishery with coastal catch

Uecker, Hannes; Upmann, Thorsten - 2016

Persistent link: https://www.econbiz.de/10011522144

Convergence of Optimal Harvesting Policies to a Normal Forest

Heaps, Terry - Department of Economics, Simon Fraser University - 2014

continuous rather than as a discrete variable. Existence of an optimal harvesting policy is established. Then necessary … sequences of optimal harvesting policies contain subsequences which converge pointwise a.e. and in net present value to an … optimal harvesting policy. This result is then used to show that any optimal logging policy must converge in harvesting age to …

Persistent link: https://www.econbiz.de/10010818173

On The Mitra-Wan Forest Management Problem in Continuous Time

Fabbri, Giorgio; Faggian, Silvia; Freni, Giuseppe - Centre d'Études des Politiques Économiques (EPEE), … - 2014

The paper provides a continuous-time version of the discrete-time Mitra- Wan model of optimal forest management, where trees are harvested to maximize the utility of timber flow over an infinite time horizon. The available trees and the other parameters of the problem vary continuously with...

Persistent link: https://www.econbiz.de/10010852362

On the Mitra-Wan Forest Management Problem in Continuous Time

FABBRI, Giorgio; FAGGIAN, Silvia; FRENI, Giuseppe - Institut de Recherche Économique et Sociale (IRES), … - 2014

The paper provides a continuous-time version of the discrete-time Mitra-Wan model of optimal forest management, where trees are harvested to maximize the utility of timber flow over an infinite time horizon. The available trees and the other parameters of the problem vary continuously with...

Persistent link: https://www.econbiz.de/10011075061

Optimal Harvesting of a Spatial Renewable Resource

Behringer, Stefan; Upmann, Thorsten - Department of Economics, European University at St. … - 2013

In this paper we investigate optimal harvesting of a renewable natural resource. While in the standard approach the …

Persistent link: https://www.econbiz.de/10011161256

On the Mitra--Wan Forest Management Problem in Continuous Time

Faggian, Silvia; Fabbri, Giorgio; Freni, Giuseppe - Dipartimento di Economia, Università Ca' Foscari Venezia - 2013

The paper provides a continuous time version of the well known discrete time Mitra-Wan model of optimal forest management, where a forest is harvested to maximize the utility of timber flow over an infinite time horizon. Besides varying with time, the state variable (describing available trees)...

Persistent link: https://www.econbiz.de/10010717404