An age-dependent branching process model of a stochastic renewable resource and the problem of optimal harvesting

MaRDI QIDQ5266314zbMATH OpenFDO

Authors Diatha Krishna Sundar, S. Udayabaskaran, V. S. S. Yadavalli

Publication date 30 July 2015

zbMATH Keywords

optimal harvestingage-dependent branching processstochastic renewable resource

Mathematics Subject Classification ID

Applications of branching processes (60J85) Branching processes (Galton-Watson, birth-and-death, etc.) (60J80) Special processes (60K99) Miscellaneous topics in calculus of variations and optimal control (49N99)

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(1)

• Asset retirement with infinitely repeated alternative replacements: harvest age and species choice in forestry

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