Application of multiobjective dynamic programming to regional natural resource management

DOI10.1016/0096-3003(87)90012-9MaRDI QIDQ1099092zbMATH OpenOpenAlexWikidataFDO

Authors F. Szidarovszky, Mark Gershon, Andras Bárdossy

Publication date 1987

Published in Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/0096-3003(87)90012-9

zbMATH Keywords

large natural resource systemmultiobjective dynamic programming

Mathematics Subject Classification ID

Sensitivity, stability, parametric optimization (90C31) Dynamic programming (90C39) Applications of mathematical programming (90C90) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Review text

The general multiobjective dynamic programming problem is reformulated as a classical dynamic programming problem that then can be solved by regular dynamic programming methods. It is shown that the method of differential dynamic programming is most applicable for the solution of this problem, which has a higher dimension state space. A case study, the management of a large natural resource system, is presented and modeled next. Finally, the model is applied to the case of bauxite mining development in Hungary, and numerical results for this case are presented.

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Cited in

(9)

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• Dynamic multiple‐objective optimization of environmental regulation policies
• scientific article; zbMATH DE number 912675 (Why is no real title available?)
• A fuzzy approach to natural resource management from a regional perspective
• A system model for the utilization of mineral resources

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