On the optimality of the logistic growth (Q1090646)
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scientific article; zbMATH DE number 4008173
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| English | On the optimality of the logistic growth |
scientific article; zbMATH DE number 4008173 |
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On the optimality of the logistic growth (English)
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1988
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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.
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infinite-time horizon
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quadratic loss
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optimal growth
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optimal control
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population growth
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logistic equation
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0.88050646
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0.87957096
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0.8750745
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