Optimal harvesting policies for a stochastic food-chain system with Markovian switching (Q1666816)
From MaRDI portal
scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Optimal harvesting policies for a stochastic food-chain system with Markovian switching |
scientific article |
Statements
Optimal harvesting policies for a stochastic food-chain system with Markovian switching (English)
0 references
27 August 2018
0 references
Summary: An optimal harvesting problem for a stochastic food-chain system with Markovian switching is investigated in this paper. Firstly, the existence, uniqueness, and positivity of the food-chain system's solution are proved. Secondly, persistent in mean of the system is obtained. Then the optimal harvesting policy is discussed. Finally, the main results are illustrated by several examples.
0 references
Markovian switching
0 references
stochastic food-chain system
0 references
