The Mitra-Wan forestry model: a discrete-time optimal control problem

DOI10.1111/NRM.12061MaRDI QIDQ6550348zbMATHFDO

Authors Leonardo R. Laura-Guarachi, Onésimo Hernández-Lerma

Publication date 5 June 2024

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

zbMATH Keywords

bias optimalitydiscrete-time systemsinfinite horizonovertaking optimalityaverage optimality

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Existence theories for free problems in two or more independent variables (49J10)

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Cites work

• scientific article; zbMATH DE number 3128787 (Why is no real title available?)
• scientific article; zbMATH DE number 1786115 (Why is no real title available?)
• scientific article; zbMATH DE number 5042878 (Why is no real title available?)
• A Lyapunov Function for Economic Optimizing Model Predictive Control
• A turnpike theorem for continuous-time control systems when the optimal stationary point is not unique
• An overview of turnpike theory: towards the discounted deterministic case
• Asymptotic properties in dynamic programming
• Bias Optimality in Controlled Queueing Systems
• Computing a Bias-Optimal Policy in a Discrete-Time Markov Decision Problem
• Infinite-horizon Markov control processes with undiscounted cost criteria: from average to overtaking optimality
• On Existence of Weakly Maximal Programmes in a Multi-Sector Economy
• On Finding Optimal Policies in Discrete Dynamic Programming with No Discounting
• On the Faustmann solution to the forest management problem
• On the Mitra-Wan forestry model: a unified analysis
• Some Theoretical Results on the Economics of Forestry
• Turnpike results for discrete-time optimal control systems arising in economic dynamics

Cited in

(1)

• Stochastic Mitra-Wan forestry models analyzed as a mean field optimal control problem

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