Blar i Department of Business and Management Science på emneord "long-term sustainable optimal"
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Fisheries management under irreversible investment : does stochasticity matter?
(Discussion paper;2011:20, Working paper, 2011-11)We present a continuous, nonlinear, stochastic and dynamic model for capital investment in the exploitation of a renewable resource. Both the resource stock and capital stock are treated as state variables. The resource ...