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Optimal control theory with applications to resource and environmental economics
Hoel, Michael - 2016
This note gives a brief, non-rigorous sketch of basic optimal control theory, which is a useful tool in several simple …
Persistent link: https://www.econbiz.de/10011582300
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Optimal Harvesting of a Renewable Resource : A Mathematical Model
Sarkar, Sudipto - 2014
This paper derives the optimal harvesting policy for a renewable natural resource using a real-option model. The harvesting policy is illustrated using the well-known “tree-cutting” or “optimal rotation” problem from Forest Economics. We show how to identify the optimal tree size at...
Persistent link: https://www.econbiz.de/10014036912
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Optimal accumulation of pollution : existence of limit cycles for the social optimum and the competitive equilibrium
Wirl, Franz - In: Journal of economic dynamics & control 24 (2000) 2, pp. 297-306
Persistent link: https://www.econbiz.de/10001433021
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A dynamic programming approach to optimal pollution control under uncertain irreversibility : the Poisson case
Boucekkine, Raouf; Ruan, Weihua; Zou, Benteng - 2022
Persistent link: https://www.econbiz.de/10013331036
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The impact of mitigating CO 2 emissions on Taiwan's economy
Hsu, George J. Y.; Chen, Tser Yieth - 1997
Persistent link: https://www.econbiz.de/10000973809
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Effect of global optimization on locally optimal pollution control : acid rain
Atkinson, Scott - In: Economic perspectives on acid deposition control : [... …, (pp. 21-33). 1984
Persistent link: https://www.econbiz.de/10001836673
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Exact solution to a class of stochastic resource extraction problems
Cheng, Sum T. S.; Yeung, David W. K. - In: Operations research proceedings 2005 : selected papers …, (pp. 495-500). 2006
Persistent link: https://www.econbiz.de/10003347716
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Harvesting selectivity and stochastic recruitment in economic models of age-structured fisheries
Tahvonen, Olli; Quaas, Martin F.; Voss, Rüdiger - In: Journal of environmental economics and management : … 92 (2018), pp. 659-676
Persistent link: https://www.econbiz.de/10012015688
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Optimal renewable resource harvesting model using price and biomass stochastic variations : a utility based approach
Clément, Nyassoke Titi Gaston; Kamdem, Jules Sadefo; … - In: Mathematical methods of operations research : ZOR 95 (2022) 2, pp. 297-326
Persistent link: https://www.econbiz.de/10013454885