Optimal exploitation of renewable resources under uncertainty and the extinction of species

DOI10.1007/S00199-005-0618-5zbMath1094.91052OpenAlexW2108725087WikidataQ114692916 ScholiaQ114692916MaRDI QIDQ2490713

Tapan Mitra, Santanu Roy

Publication date: 18 May 2006

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

Full work available at URL: https://cae.economics.cornell.edu/MRExtinctionAug2003.pdf

zbMATH Keywords

stochastic dynamic programmingoptimal resource managementsafe standard of conservation

Mathematics Subject Classification ID

Stochastic models in economics (91B70) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

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