On the optimality of the logistic growth (Q1090646): Difference between revisions
From MaRDI portal
Set profile property. |
ReferenceBot (talk | contribs) Changed an Item |
||
| Property / cites work | |||
| Property / cites work: A minimum principle for a population equation / rank | |||
Normal rank | |||
Latest revision as of 20:17, 17 June 2024
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | On the optimality of the logistic growth |
scientific article |
Statements
On the optimality of the logistic growth (English)
0 references
1988
0 references
The rate at which a population should grow is determined by finding the best trade-off between the loss due to the deviation from a target population size and the loss associated to the growing effort. It is also shown that, in the case of infinite-time horizon and quadratic loss functions, the optimal growth is logistic.
0 references
infinite-time horizon
0 references
quadratic loss
0 references
optimal growth
0 references
optimal control
0 references
population growth
0 references
logistic equation
0 references
