Harvest Decisions and Asset Valuation for Biological Resources Exhibiting Size-Dependent Stochastic Growth

DOI10.2307/2526634zbMath0695.90026OpenAlexW2007825055MaRDI QIDQ3471806

Publication date: 1990

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/1828/1526

zbMATH Keywords

forestry stopping rule biological resources Brownian processes Harvest rules size dependent growth stochastic density stochastic price framework

Mathematics Subject Classification ID

Production models (90B30) Economic growth models (91B62) Population dynamics (general) (92D25) Stopping times; optimal stopping problems; gambling theory (60G40) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) General biology and biomathematics (92B05)

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