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dc.contributor.authorPoudel, Diwakar
dc.contributor.authorSandal, Leif Kristoffer
dc.date.accessioned2014-05-14T06:03:28Z
dc.date.available2014-05-14T06:03:28Z
dc.date.issued2014-02
dc.identifier.issn1500-4066
dc.identifier.urihttp://hdl.handle.net/11250/194957
dc.description.abstractThis study presents a multispecies stochastic model. The model suggests optimal fishing policy for two species in a three species predator prey ecosystem in the Barents Sea. We have employed stochastic dynamic programing to solve a three dimensional model, where catch is optimized by a multispecies feedback strategy. Application of the model in cod, capelin and herring ecosystem in the Barents Sea shows that the optimal catch for stochastic interaction model is more conservative compared to deterministic policy. Furthermore, we found that stochasticity has strong effect on optimal exploitation policy in the prey (capelin) compared to the predator (cod) species.nb_NO
dc.language.isoengnb_NO
dc.publisherFORnb_NO
dc.relation.ispartofseriesDiscussion paper;02/14
dc.subjectVDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212nb_NO
dc.subjectBarents Seanb_NO
dc.subjectecosystem based managementnb_NO
dc.subjectmultispeciesnb_NO
dc.subjectstochastic optimizationnb_NO
dc.titleStochastic optimization for multispecies fisheries in the Barents Seanb_NO
dc.typeWorking papernb_NO


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