Optimal stochastic control in natural resource management: Framework and examples
Ecological Modelling
2798_Williams.pdf
By: B. Kenneth Williams
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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.
| 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 |