Capital accumulation and the optimization of renewable resource models

DOI10.1016/0022-0531(80)90009-5zbMath0472.90015MaRDI QIDQ1158335

Matthew J. Sobel, Roy Mendelssohn

Publication date: 1980

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(80)90009-5

zbMATH Keywords

finance; fishery; capital management; accumulation; water reservoir; individual lifetime allocation process; n-period model; optimal decision making under uncertainty; optimal one-sector growth; optimal reinvestment; optimization of renewable resource models; sufficient continuity conditions

Mathematics Subject Classification ID

91B62: Economic growth models

91B76: Environmental economics (natural resource models, harvesting, pollution, etc.)

90B99: Operations research and management science

Related Items

Unnamed Item, Management Science in the Control & Management of Fisheries: an Annotated Bibliography, Dynamic efficiency of conservation of renewable resources under uncertainty., Generalized monotonicity analysis, Stochastic growth with correlated production shocks, A systematic approach to determining mean-variance tradeoffs when managing randomly varying populations, Managing stochastic multispecies models, Pareto optimal policies for harvesting with multiple objectives, Stochastic dynamic models with stock-dependent rewards, Some structured dynamic programs arising in economics, Optimal harvesting strategies for stochastic single-species, multiage class models, On polychotomous search problems, Stochastic growth when utility depend on both consumption and the stock level, A new look at optimal growth under uncertainty, Sensitivity analysis of multisector optimal economic dynamics, Increasing Lipschitz continuous maximizers of some dynamic programs, Infinite horizon programs; convergence of approximate solutions

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