THE COSTATE VARIABLE IN A STOCHASTIC RENEWABLE RESOURCE MODEL

DOI10.1111/J.1939-7445.2006.TB00175.XMaRDI QIDQ3597400zbMATH OpenOpenAlexFDO

Authors Kenneth S. Lyon, Saket Pande

Publication date 9 February 2009

Published in Natural Resource Modeling (Search for Journal in Brave)

Full work available at URL https://digitalcommons.usu.edu/eri/273

Mathematics Subject Classification ID

Renewal theory (60K05) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Ecology (92D40)

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Cites work

• The costate variable in natural resource optimal control problems

Cited in

(3)

• Costate variables correctly value stocks at each instant
• Density dependent resource budget model for alternate bearing
• The costate variable in natural resource optimal control problems

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