Regime switching in a fishery with stochastic stock and price

DOI10.1016/J.JEEM.2005.07.001MaRDI QIDQ2495459zbMATH OpenOpenAlexFDO

Authors Linda Nøstbakken

Publication date 30 June 2006

Published in Journal of Environmental Economics and Management (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jeem.2005.07.001

zbMATH Keywords

bioeconomic modellingfisheriesreal optionsuncertainty

Mathematics Subject Classification ID

Existence theories for optimal control problems involving ordinary differential equations (49J15) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Recommendations

• Fishery management in a regime switching environment: utility theory approach
• Nonlinear costs and optimal fleet capacity in deterministic and stochastic fisheries
• Fishery Regulation with Harvest Uncertainty
• Optimal harvesting for a stochastic regime-switching logistic diffusion system with jumps
• scientific article; zbMATH DE number 4074777

Cited in

(13)

• Fishery Regulation with Harvest Uncertainty
• scientific article; zbMATH DE number 4074777 (Why is no real title available?)
• Optimal costless extraction rate changes from a non-renewable resource
• Biological productivity and optimal harvesting of a biological resource -- an uncomplicated exercise in comparative dynamics.
• Past and future management of a collapsed fishery: the Bay of Biscay anchovy
• Multispecies exploitation with evolutionary switching of harvesting strategies
• Fishing policies in a supply chain with an organic waste-based side stream
• On the impact of feeding cost risk in aquaculture valuation and decision making
• Optimal harvest with multiple fishing zones, endogenous price and global uncertainty
• Optimal management and valuation of a natural resource: the case of optimal harvesting
• Parameter identification by statistical learning of a stochastic dynamical system modelling a fishery with price variation
• Fishery management in a regime switching environment: utility theory approach
• Fisheries management with stock growth uncertainty and costly capital adjustment

Describes a project that uses

Uses Software

• CompEcon

This page was built for publication: Regime switching in a fishery with stochastic stock and price

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2495459)