On the Mitra-Wan forestry model: a unified analysis

DOI10.1016/J.JET.2011.11.010zbMATH Open1258.91175OpenAlexW1965664180WikidataQ125862240 ScholiaQ125862240MaRDI QIDQ665461FDOQ665461

Authors M. Ali Khan, Adriana Piazza 

Publication date 5 March 2012

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jet.2011.11.010

zbMATH Keywords

discrepancy functionasymptotic convergenceforest managementnon-interiorityoptimal programsvalue-lossfinitely-maximal programsgood programsmaximal programs

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Recommendations

• On the Mitra-Wan forest management problem in continuous time
• The convergence of optimal forestry control
• On the Faustmann solution to the forest management problem
• The economics of forestry and a set-valued turnpike of the classical type
• Some Theoretical Results on the Economics of Forestry

Cites work

• scientific article; zbMATH DE number 3989062 (Why is no real title available?)
• scientific article; zbMATH DE number 3750659 (Why is no real title available?)
• scientific article; zbMATH DE number 1500758 (Why is no real title available?)
• scientific article; zbMATH DE number 1852854 (Why is no real title available?)
• scientific article; zbMATH DE number 5042878 (Why is no real title available?)
• scientific article; zbMATH DE number 3388805 (Why is no real title available?)
• A Weakly Maximal Golden-Rule Program for a Multi-Sector Economy
• About optimal harvesting policies for a multiple species forest without discounting
• Aggregating Infinite Utility Streams with InterGenerational Equity: The Impossibility of Being Paretian
• Algorithms and economic dynamics. Selected papers from the 2nd annual meeting of the Society for Computational Economics, Geneva, Switzerland, 1996
• Another Proof that Convex Functions are Locally Lipschitz
• Asymptotic Convergence of Optimal Policies for Resource Management with Application to Harvesting of Multiple Species Forest
• Existence and uniqueness of steady-state equilibrium in a two-sector overlapping generations model
• Existence, uniqueness, and stability of equilibrium in an OLG economy
• Good locally maximal programs for the Robinson–Solow–Srinivasan model
• History dependence without unstable steady state: a non-differentiable framework.
• On Existence of Weakly Maximal Programmes in a Multi-Sector Economy
• On equilibrium cycles and normal forests in optimal harvesting of tree vintages
• On the Bellman equation of the overtaking criterion
• On the Faustmann solution to the forest management problem
• On the Representation of Points of a Convex Set
• On the economics of forest vintages
• On two classical turnpike results for the Robinson-Solow-Srinivasan model
• Optimality of greedy and sustainable policies in the management of renewable resources
• Sensitivity of optimal programs with respect to changes in target stocks: The case of irreversible investment
• Some Theoretical Results on the Economics of Forestry
• Stochastic dynamic models with stock-dependent rewards
• The economics of orchards: An exercise in point-input, flow-output capital theory
• The optimal harvesting problem with a land market: a characterization of the asymptotic convergence
• Turnpike properties in the calculus of variations and optimal control
• Turnpike results for discrete-time optimal control systems arising in economic dynamics
• Undiscounted optimal growth in the two-sector Robinson-Solow-Srinivasan model: a synthesis of the value-loss approach and dynamic programming
• Utilitarianism for infinite utility streams: a new welfare criterion and its axiomatic characterization

Cited in

(13)

• Deforestation and optimal management
• On locally optimal programs in the Robinson-Solow-Srinivasan model
• The stochastic mitra-wan forestry model: risk neutral and risk averse cases
• Money-metrics in local welfare analysis: Pareto improvements and equity considerations
• Convergence of optimal harvesting policies to a normal forest
• The Mitra-Wan forestry model: a discrete-time optimal control problem
• On the Mitra-Wan forest management problem in continuous time
• The economics of forestry and a set-valued turnpike of the classical type
• The convergence of optimal forestry control
• On the non-existence of optimal programs in the Robinson-Solow-Srinivasan (RSS) model
• Irreversibility and the economics of forest conservation
• The nonconcavity of money-metric utility: a new formulation and proof
• Stochastic Mitra-Wan forestry models analyzed as a mean field optimal control problem

This page was built for publication: On the Mitra-Wan forestry model: a unified analysis

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q665461)