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Optimal stochastic control in natural resource management: Framework and examples

Ecological Modelling

2798_Williams.pdf
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DOI: 10.1016/0304-3800(82)90012-6

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Abstract

A framework is presented for the application of optimal control methods to natural resource problems. An expression of the optimal control problem appropriate for renewable natural resources is given and its application to Markovian systems is presented in some detail. Three general approaches are outlined for determining optimal control of infinite time horizon systems and three examples from the natural resource literature are used for illustration.

Additional Publication Details

Publication type:
Article
Publication Subtype:
Journal Article
Title:
Optimal stochastic control in natural resource management: Framework and examples
Series title:
Ecological Modelling
DOI:
10.1016/0304-3800(82)90012-6
Volume
16
Issue:
2-4
Year Published:
1982
Language:
English
Contributing office(s):
Patuxent Wildlife Research Center
Description:
275-297
Larger Work Type:
Article
Larger Work Subtype:
Journal Article
Larger Work Title:
Ecological Modelling
First page:
275
Last page:
297