Optimal harvesting for a logistic population dynamics driven by a Lévy process (Q398661)

From MaRDI portal
scientific article
Language Label Description Also known as
English
Optimal harvesting for a logistic population dynamics driven by a Lévy process
scientific article

    Statements

    Optimal harvesting for a logistic population dynamics driven by a Lévy process (English)
    0 references
    0 references
    0 references
    15 August 2014
    0 references
    In this paper the authors consider the optimal harvesting problem for a stochastic logistic jump-difussion system with three different yield functions. They provide a new approach to solve the classical optimal harvesting problem. First, they study this problem with catch-per-unit-effort (CPUE) and then they study it for some more general systems.
    0 references
    stochastic optimization
    0 references
    Poisson random measure
    0 references
    dynamic properties
    0 references
    asymptotically stable in distribution
    0 references
    ergodic method
    0 references

    Identifiers