• Harvesting in a Fishery with Stochastic Growth and a Mean-Reverting Price 

      Kvamsdal, Sturla F; Poudel, Diwakar; Sandal, Leif Kristoffer (Journal article; Peer reviewed, 2014)
      We analyze a continuous, nonlinear bioeconomic model to demonstrate how stochasticity in the growth of fish stocks affects the optimal exploitation policy when prices are stochastic, mean-reverting and possibly harvest ...