New dynamic programming models of fisheries management

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Dynamic programming (DP) has shown itself to be an appropriate methodology for devising strategies of fisheries management. The present paper has several goals in the same area: to elucidate the process of formulation and its requirements; to illustrate how practical constraints may be incorporated into the problems; to examine the realities of computation; to show that models of other than an equilibrium nature may be of use and that finite horizon models are more realistic; to emphasize the relevance of some models, not previously emp











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