Optimal harvesting policies for a stochastic food-chain system with Markovian switching (Q1666816)
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| Language | Label | Description | Also known as |
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| English | Optimal harvesting policies for a stochastic food-chain system with Markovian switching |
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Optimal harvesting policies for a stochastic food-chain system with Markovian switching (English)
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27 August 2018
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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.
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Markovian switching
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stochastic food-chain system
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