Optimal harvesting of a logistic population in an environment with stochastic jumps

DOI10.1007/BF00275637zbMath0592.92025WikidataQ52429784 ScholiaQ52429784MaRDI QIDQ1075973

Dennis Ryan, Floyd B. Hanson

Publication date: 1986

Published in: Journal of Mathematical Biology (Search for Journal in Brave)

zbMATH Keywords

growthoptimal feedback controlBellman equationdiscount ratePoisson processlogisticchanges in population sizeexploited renewable resourceoptimal harvest strategyquadratic cost factorquasi- deterministic approximationrandom jump modeltotal jump rateuncertain environments

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Dynamic programming (90C39) Population dynamics (general) (92D25) Optimal stochastic control (93E20) Ecology (92D40)

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